Post Utme Rhema University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_RHEMA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows the following balances: | Asset | Liability | Equity | | --- | --- | --- | | ₦1,000 | ₦800 | ₦1,200 | What is the total amount of liabilities?

Answer Options

A. ₦1,600
Correct Answer B. ₦1,800
C. ₦2,000
D. ₦2,100
Correct Answer
B
Correct Option:
₦1,800

About This Question

This is Post Utme Rhema University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Rhema University Accounting examination.

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