Post Utme Wellspring University 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has a trial balance that includes the following accounts: Accounts Payable ₦100,000, Accounts Receivable ₦80,000, and Sales Revenue ₦120,000. What is the total amount of assets on the balance sheet?

Answer Options

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

About This Question

This is Post Utme Wellspring University 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Wellspring University Accounting examination.

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