Post Utme Abu 2017 Accounting Question 23
Practice objective / multiple choice question 23 from the 2017 Post Utme Abu Accounting examination.
A company prepares its final accounts for the year ended December 31. The trading account shows a profit of ₦200,000. The profit and loss account shows a profit of ₦250,000. The balance sheet shows a total assets of ₦500,000 and total liabilities of ₦300,000. What is the company's net worth on December 31?
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About This Question
This is Post Utme Abu 2017 Accounting Question 23. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.
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