Post Utme Summit University 2018 Accounting Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Summit University Accounting examination.

Post Utme Summit University 2018 Accounting Objective / Multiple Choice
Question 4 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following single entry records: Rent: ₦50,000, Salaries: ₦100,000, and Purchases: ₦200,000. What is the total value of the company's expenses?

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 Summit University 2018 Accounting Question 4. It is one of the objective questions from the 2018 Post Utme Summit University Accounting examination.

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