Post Utme Uniosun 2022 Accounting Question 36
Practice objective / multiple choice question 36 from the 2022 Post Utme Uniosun Accounting examination.
A company uses a self-balancing ledger to record its transactions. The ledger has the following accounts: Cash, Accounts Payable, Sales Revenue, and Cost of Goods Sold. The company's trial balance shows the following balances: Cash = ₦100,000, Accounts Payable = ₦50,000, Sales Revenue = ₦200,000, and Cost of Goods Sold = ₦150,000. What is the total amount of assets on the balance sheet?
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About This Question
This is Post Utme Uniosun 2022 Accounting Question 36. It is one of the objective questions from the 2022 Post Utme Uniosun Accounting examination.
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