Post Utme Wellspring University 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet showed a capital of ₦50,000 and a profit of ₦20,000. What was the total amount of the company's assets?

Answer Options

A. ₦70,000
B. ₦80,000
Correct Answer C. ₦90,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦90,000

About This Question

This is Post Utme Wellspring University 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Wellspring University Accounting examination.

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