Post Utme Abu 2018 Accounting Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Abu Accounting examination.

Post Utme Abu 2018 Accounting Objective / Multiple Choice
Question 18 POST_UTME_ABU • 2018 • ACCOUNTING • objective

A company's balance sheet shows the following information: Total Assets, ₦200,000; Total Liabilities, ₦100,000. What is the company's net worth?

Answer Options

A. ₦100,000
B. ₦50,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Abu 2018 Accounting Question 18. It is one of the objective questions from the 2018 Post Utme Abu Accounting examination.

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