Post Utme Unn 2025 Accounting Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 24 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company has the following ledger accounts: Cash: ₦100,000, Accounts Receivable: ₦80,000, Inventory: ₦200,000, Prepaid Rent: ₦30,000, and Equipment: ₦150,000. What is the total amount of assets on the balance sheet?

Answer Options

A. ₦560,000
B. ₦660,000
Correct Answer C. ₦760,000
D. ₦860,000
Correct Answer
C
Correct Option:
₦760,000

About This Question

This is Post Utme Unn 2025 Accounting Question 24. It is one of the objective questions from the 2025 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