Post Utme Rhema University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's self-balancing ledger as at December 31, 2022, is as follows: Cash: ₦500,000 Bank: ₦200,000 Debtors: ₦300,000 Creditors: ₦100,000 What is the total amount of assets?

Answer Options

A. ₦1,100,000
B. ₦1,200,000
Correct Answer C. ₦1,300,000
D. ₦1,400,000
Correct Answer
C
Correct Option:
₦1,300,000

About This Question

This is Post Utme Rhema University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Rhema University Accounting examination.

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