Post Utme Aaua 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company has the following balance sheet: | Assets | ₦100,000 | | Liabilities | ₦80,000 | | Capital | ₦20,000 | What is the ratio of capital to liabilities?

Answer Options

A. 1:2
Correct Answer B. 2:1
C. 1:4
D. 4:1
Correct Answer
B
Correct Option:
2:1

About This Question

This is Post Utme Aaua 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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