Post Utme Caleb University 2022 Accounting Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2022 Accounting Objective / Multiple Choice
Question 24 POST_UTME_CALEB_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Equity ₦100,000, Liabilities ₦200,000. What is the correct balance in the Assets?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦100,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Caleb University 2022 Accounting Question 24. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.

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