Post Utme Uniben 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦50,000, Accounts Payable ₦30,000, and Common Stock ₦100,000. What is the total amount of the company's liabilities and equity?

Answer Options

A. ₦180,000
B. ₦200,000
Correct Answer C. ₦220,000
D. ₦240,000
Correct Answer
C
Correct Option:
₦220,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

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