Post Utme Unilorin 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNILORIN • 2017 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000; sold goods for ₦150,000; and purchased goods for ₦200,000. What is the total value of the company's assets?

Answer Options

A. ₦450,000
Correct Answer B. ₦550,000
C. ₦650,000
D. ₦750,000
Correct Answer
B
Correct Option:
₦550,000

About This Question

This is Post Utme Unilorin 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Unilorin Accounting examination.

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