Post Utme Unilorin 2023 Accounting Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company's trial balance as at 31st December 2022 is as follows: Debtors: ₦120,000 Creditors: ₦80,000 Bills Receivable: ₦40,000 Bills Payable: ₦20,000 What is the total amount of assets recorded in the trial balance?

Answer Options

Correct Answer A. ₦160,000
B. ₦140,000
C. ₦120,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦160,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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