Post Utme Caleb University 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CALEB_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2020 is as follows: Assets: ₦100,000 Liabilities: ₦50,000 ₦30,000 ₦20,000 Determine the company's net worth.

Answer Options

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

About This Question

This is Post Utme Caleb University 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Caleb University Accounting examination.

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