Post Utme Uniben 2017 Accounting Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Accounts Payable ₦150,000, Accounts Receivable ₦200,000, and Common Stock ₦500,000. What is the company's total liabilities?

Answer Options

Correct Answer A. ₦350,000
B. ₦450,000
C. ₦550,000
D. ₦650,000
Correct Answer
A
Correct Option:
₦350,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 37. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

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