Post Utme Unilag 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Unilag Accounting examination.

Post Utme Unilag 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNILAG • 2020 • ACCOUNTING • objective

A company has the following ledger accounts: Cash 10,000, Accounts Payable 5,000, and Common Stock 15,000. What is the total amount of assets?

Answer Options

Correct Answer A. 20,000
B. 25,000
C. 30,000
D. 35,000
Correct Answer
A
Correct Option:
20,000

About This Question

This is Post Utme Unilag 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.

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