Post Utme Veritas University 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_VERITAS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following accounts: Cash ₦50,000, Accounts Receivable ₦100,000, Inventory ₦150,000, and Common Stock ₦200,000. What is the total amount of liabilities?

Answer Options

A. ₦100,000
B. ₦150,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Veritas University 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Veritas University Accounting examination.

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