Post Utme Aaua 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Aaua Accounting examination.

Post Utme Aaua 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_AAUA • 2018 • ACCOUNTING • objective

A company's balance sheet shows a total asset value of ₦1,500,000 and a total liability value of ₦800,000. What is the company's equity?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Aaua 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.

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