Post Utme Uniosun 2019 Accounting Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2019 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNIOSUN • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 20X7 showed current assets of ₦200,000 and non-current assets of ₦300,000. The company's balance sheet as at 31st December 20X8 showed current assets of ₦250,000 and non-current assets of ₦350,000. Calculate the increase in the company's total assets.

Answer Options

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

About This Question

This is Post Utme Uniosun 2019 Accounting Question 34. It is one of the objective questions from the 2019 Post Utme Uniosun Accounting examination.

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