Post Utme Aaua 2025 Accounting Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Aaua Accounting examination.

Post Utme Aaua 2025 Accounting Objective / Multiple Choice
Question 38 POST_UTME_AAUA • 2025 • ACCOUNTING • objective

A company has the following trial balance: Debitors ₦500,000, Creditors ₦300,000, Capital ₦1,000,000, Profit and Loss Account ₦200,000. What is the value of the company's net worth?

Answer Options

A. ₦1,200,000
Correct Answer B. ₦1,300,000
C. ₦1,400,000
D. ₦1,500,000
Correct Answer
B
Correct Option:
₦1,300,000

About This Question

This is Post Utme Aaua 2025 Accounting Question 38. It is one of the objective questions from the 2025 Post Utme Aaua Accounting examination.

View More Post Utme Aaua 2025 Accounting Questions More Post Utme Aaua Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support