Post Utme Afe Babalola University 2021 Accounting Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 34 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company prepares a balance sheet. The following accounts are listed: Assets: ₦200,000, Liabilities: ₦100,000. What is the net worth?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 34. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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