Post Utme Ui 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Ui Accounting examination.

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UI • 2023 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Accounts Payable ₦100,000, Accounts Receivable ₦50,000, and Common Stock ₦200,000. What is the total amount of assets?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Ui 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Ui Accounting examination.

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