Post Utme Uniport 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Uniport Accounting examination.

Post Utme Uniport 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNIPORT • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 20X8 is as follows: Assets: ₦ 100,000 (cash) ₦ 50,000 (debtors) ₦ 20,000 (prepaid rent) Liabilities: ₦ 80,000 (creditors) ₦ 10,000 (loans) What is the total amount of assets?

Answer Options

A. ₦ 170,000
B. ₦ 180,000
Correct Answer C. ₦ 190,000
D. ₦ 200,000
Correct Answer
C
Correct Option:
₦ 190,000

About This Question

This is Post Utme Uniport 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Uniport Accounting examination.

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