Post Utme Unilorin 2023 Accounting Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 4 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Fixed Assets: ₦200,000 Current Assets: ₦150,000 Total Assets: ₦350,000 What is the total amount of liabilities recorded in the balance sheet?

Answer Options

A. ₦250,000
Correct Answer B. ₦200,000
C. ₦150,000
D. ₦100,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 4. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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