Post Utme Rhema University 2017 Accounting Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2017 Accounting Objective / Multiple Choice
Question 8 POST_UTME_RHEMA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's ledger accounts are as follows: Cash: ₦100,000; Accounts Payable: ₦50,000; Common Stock: ₦200,000. What is the total equity of the company?

Answer Options

Correct Answer A. ₦250,000
B. ₦250,000
C. ₦250,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Rhema University 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Rhema University Accounting examination.

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