Post Utme Uniben 2017 Accounting Question 29

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

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A government agency uses a public sector accounting system to record its transactions. The agency's ledger contains the following accounts: Cash, Accounts Payable, Accounts Receivable, and Common Stock. The agency's trial balance shows the following balances: Cash 10,000, Accounts Payable 5,000, Accounts Receivable 8,000, and Common Stock 20,000. What is the total amount of the agency's assets?

Answer Options

A. 23,000
B. 28,000
C. 33,000
D. 38,000
Correct Answer
N/A

About This Question

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

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