Post Utme Al Hikmah University 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following: | Assets | ₦1,500,000 | | Liabilities | ₦800,000 | | Share Capital | ₦300,000 | | Retained Earnings | ₦200,000 | What is the company's net worth?

Answer Options

Correct Answer A. ₦500,000
B. ₦600,000
C. ₦700,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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