Post Utme Veritas University 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_VERITAS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Cash ₦50,000, Accounts Receivable ₦20,000, Inventory ₦30,000, and Common Stock ₦100,000. What is the company's total assets?

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Veritas University 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Veritas University Accounting examination.

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