Post Utme Bells University 2019 Accounting Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Bells University Accounting examination.

Post Utme Bells University 2019 Accounting Objective / Multiple Choice
Question 40 POST_UTME_BELLS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Share Capital: ₦500,000; Retained Earnings: ₦200,000; Accumulated Depreciation: ₦50,000. Calculate the net worth of the company.

Answer Options

A. ₦650,000
B. ₦700,000
Correct Answer C. ₦750,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Bells University 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Bells University Accounting examination.

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