Post Utme Rhema University 2025 Accounting Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 31 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦100,000, and Common Stock ₦150,000. What is the total amount of assets?

Answer Options

Correct Answer A. ₦300,000
B. ₦250,000
C. ₦300,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Rhema University 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

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