Post Utme Abu 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Abu Accounting examination.

Post Utme Abu 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_ABU • 2017 • ACCOUNTING • objective

A business has the following final accounts: Trading Profit: ₦50,000; Profit and Loss: ₦100,000; Balance Sheet: ₦200,000. What is the net worth?

Answer Options

A. ₦250,000
B. ₦300,000
Correct Answer C. ₦350,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Abu 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.

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