Post Utme Rsu 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A company has the following balance sheet: Assets: Cash ¡ 100,000 Accounts Receivable ¡ 150,000 Equipment ¡ 200,000 Liabilities: Accounts Payable ¡ 50,000 Salaries Payable ¡ 75,000 What is the total assets?

Answer Options

A. ¡ 350,000
B. ¡ 400,000
Correct Answer C. ¡ 450,000
D. ¡ 500,000
Correct Answer
C
Correct Option:
¡ 450,000

About This Question

This is Post Utme Rsu 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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