Post Utme Unilorin 2017 Accounting Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2017 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNILORIN • 2017 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦50,000, Accounts Payable ₦20,000, Common Stock ₦100,000, and Retained Earnings ₦75,000. What is the total assets?

Answer Options

A. ₦225,000
B. ₦250,000
Correct Answer C. ₦275,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦275,000

About This Question

This is Post Utme Unilorin 2017 Accounting Question 29. It is one of the objective questions from the 2017 Post Utme Unilorin Accounting examination.

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