Post Utme Afe Babalola University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦200,000. What is the company's equity?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦500,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Afe Babalola University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Accounting examination.

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