Post Utme Rsu 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Rsu Accounting examination.

Post Utme Rsu 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_RSU • 2018 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2022 is as follows: Assets: ₦500,000 Capital: ₦200,000 Profit: ₦50,000 What is the amount of liabilities?

Answer Options

Correct Answer A. ₦250,000
B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Rsu 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Rsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support