Post Utme Ui 2017 Accounting Question 40
Practice objective / multiple choice question 40 from the 2017 Post Utme Ui Accounting examination.
A company has the following accounts in its general ledger: Accounts Payable ₦50,000, Accounts Receivable ₦30,000, Common Stock ₦100,000, Dividends ₦10,000, Equipment ₦20,000, Interest Expense ₦5,000, Interest Income ₦2,000, Net Income ₦15,000, Retained Earnings ₦70,000, Salaries Expense ₦20,000, Sales Revenue ₦150,000, and Utilities Expense ₦10,000. What is the company's total liabilities?
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About This Question
This is Post Utme Ui 2017 Accounting Question 40. It is one of the objective questions from the 2017 Post Utme Ui Accounting examination.
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