Post Utme Caleb University 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2022, shows the following: Equity Share Capital ₦100,000, Retained Earnings ₦50,000, and Accumulated Depreciation ₦20,000. What is the net worth of the company?

Answer Options

A. ₦130,000
B. ₦140,000
Correct Answer C. ₦150,000
D. ₦160,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Caleb University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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