Post Utme Caleb University 2024 Accounting Question 16
Practice objective / multiple choice question 16 from the 2024 Post Utme Caleb University Accounting examination.
A company's trading account for the year ended 31st December 2023 shows a profit of ₦1,500,000. The company's balance sheet as at 31st December 2023 shows a current liability of ₦800,000 and a non-current liability of ₦1,200,000. What is the company's net worth as at 31st December 2023?
Answer Options
About This Question
This is Post Utme Caleb University 2024 Accounting Question 16. It is one of the objective questions from the 2024 Post Utme Caleb University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.