Post Utme Unilorin 2017 Accounting Question 15

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

Post Utme Unilorin 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNILORIN • 2017 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦100,000, Accounts Payable ₦50,000, and Common Stock ₦200,000. What is the total liabilities?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

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

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