Post Utme Bowen University 2018 Accounting Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 40 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2022, showed the following balances: Assets: ₦500,000 Liabilities: ₦200,000 Capital: ₦300,000 What is the company's total equity?

Answer Options

A. ₦400,000
B. ₦500,000
Correct Answer C. ₦600,000
D. ₦700,000
Correct Answer
C
Correct Option:
₦600,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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