Post Utme Aaua 2022 Commerce Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Aaua Commerce examination.

Post Utme Aaua 2022 Commerce Objective / Multiple Choice
Question 38 POST_UTME_AAUA • 2022 • COMMERCE • objective

A company's balance sheet shows total assets of ₦1,500,000 and total liabilities 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 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.

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