Post Utme Unn 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company's balance sheet shows the following accounts: Cash ₦500,000, Accounts Payable ₦200,000, and Common Stock ₦1,000,000. What is the company's total liabilities?

Answer Options

Correct Answer A. ₦700,000
B. ₦600,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Unn 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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