Post Utme Afe Babalola University 2018 Accounting Question 11
Practice objective / multiple choice question 11 from the 2018 Post Utme Afe Babalola University Accounting examination.
A company's trading account for the year ended 31st December 2022 shows a profit of ₦1,500,000. The balance sheet as at 31st December 2022 shows a current asset of ₦2,500,000 and a current liability of ₦1,000,000. What is the company's net worth as at 31st December 2022?
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About This Question
This is Post Utme Afe Babalola University 2018 Accounting Question 11. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.
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