Post Utme Rhema University 2017 Accounting Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2017 Accounting Objective / Multiple Choice
Question 5 POST_UTME_RHEMA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following ledger balances: Cash ₦200,000, Bank ₦300,000, Accounts Payable ₦400,000. What is the total amount of assets?

Answer Options

Correct Answer A. ₦900,000
B. ₦600,000
C. ₦800,000
D. ₦700,000
Correct Answer
A
Correct Option:
₦900,000

About This Question

This is Post Utme Rhema University 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Rhema University Accounting examination.

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