Post Utme Skyline University 2017 Accounting Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2017 Accounting Objective / Multiple Choice
Question 29 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has a trial balance with the following accounts: Sales ₦100,000, Cost of Goods Sold ₦80,000, and Profit ₦20,000. What is the total amount of the company's assets?

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Skyline University 2017 Accounting Question 29. It is one of the objective questions from the 2017 Post Utme Skyline University Accounting examination.

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