Post Utme Rsu 2022 Accounting Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 39 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The company's ledger accounts show the following balances: Debtors: ₦120,000 Stock: ₦150,000 Accrued Expenses: ₦30,000 What is the total value of the company's liabilities as at 31st December 2022?

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 39. It is one of the objective questions from the 2022 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