Post Utme Rsu 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A firm has the following transactions in its trial balance: Debitors ₦ 50,000, Creditors ₦ 30,000, Capital ₦ 100,000, Drawings ₦ 20,000. What is the total amount of the firm's assets?

Answer Options

Correct Answer A. ₦ 120,000
B. ₦ 130,000
C. ₦ 140,000
D. ₦ 150,000
Correct Answer
A
Correct Option:
₦ 120,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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