Post Utme Bowen University 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

A firm has a liability of ₦100,000 and has a claim of ₦150,000. What is the net liability?

Answer Options

Correct Answer A. ₦50000
B. ₦100000
C. ₦150000
D. ₦200000
Correct Answer
A
Correct Option:
₦50000

About This Question

This is Post Utme Bowen University 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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