Post Utme Al Hikmah University 2020 Accounting Question 23
Practice objective / multiple choice question 23 from the 2020 Post Utme Al Hikmah University Accounting examination.
A company uses the single-entry system of accounting. The company's assets at the beginning of the year were ₦500,000. During the year, the company purchased equipment for ₦200,000 and sold goods for ₦300,000. What is the company's net worth at the end of the year?
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About This Question
This is Post Utme Al Hikmah University 2020 Accounting Question 23. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.
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