Post Utme Veritas University 2022 Accounting Question 24
Practice objective / multiple choice question 24 from the 2022 Post Utme Veritas University Accounting examination.
A company has a trial balance that includes the following accounts: Sales, Cost of Goods Sold, and Net Income. The trial balance shows that Sales is ₦100,000, Cost of Goods Sold is ₦60,000, and Net Income is ₦40,000. What is the total amount of assets on the balance sheet?
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About This Question
This is Post Utme Veritas University 2022 Accounting Question 24. It is one of the objective questions from the 2022 Post Utme Veritas University Accounting examination.
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