Post Utme Rhema University 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_RHEMA_UNIVERSITY • 2017 • ACCOUNTING • objective

A public sector organization has the following accounts: General Ledger: ₦500,000, Cash Book: ₦300,000. If the organization's total assets are ₦1,000,000, what is the amount of the organization's liabilities?

Answer Options

A. ₦200,000
B. ₦300,000
C. ₦400,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Rhema University 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Rhema University Accounting examination.

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