Post Utme Uniben 2017 Accounting Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 6 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The trial balance of the company shows the following balances: Manufacturing Department: ₦1,500,000; Sales Department: ₦2,000,000. The company's total assets are ₦4,500,000. What is the amount of the company's total liabilities?

Answer Options

A. ₦1,000,000
B. ₦1,500,000
C. ₦2,000,000
Correct Answer D. ₦3,000,000
Correct Answer
D
Correct Option:
₦3,000,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 6. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

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