Post Utme Bells University 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Bells University Accounting examination.

Post Utme Bells University 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BELLS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Equity: ₦1,000,000; Liabilities: ₦800,000. Calculate the company's net worth.

Answer Options

A. ₦200,000
B. ₦300,000
C. ₦400,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Bells University 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Bells University Accounting examination.

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