Post Utme Unn 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNN • 2018 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Cash ₦50,000, Accounts Payable ₦20,000, and Common Stock ₦100,000. What is the company's total assets?

Answer Options

A. ₦120,000
B. ₦150,000
C. ₦170,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Unn 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support