Post Utme Bowen University 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet shows the following: | Assets | ₦50,000,000 | | Liabilities | ₦30,000,000 | | Share Capital | ₦20,000,000 | What is the company's net worth?

Answer Options

Correct Answer A. ₦20,000,000
B. ₦30,000,000
C. ₦40,000,000
D. ₦50,000,000
Correct Answer
A
Correct Option:
₦20,000,000

About This Question

This is Post Utme Bowen University 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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