Post Utme Caleb University 2024 Accounting Question 23
Practice objective / multiple choice question 23 from the 2024 Post Utme Caleb University Accounting examination.
A company's balance sheet as at 31st December 2023 shows a non-current asset of ₦2,500,000 and a non-current liability of ₦1,200,000. The company's trading account for the year ended 31st December 2023 shows a profit of ₦1,500,000. The company's current asset is ₦800,000. The company's current liability is ₦800,000. What is the company's net worth as at 31st December 2023?
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About This Question
This is Post Utme Caleb University 2024 Accounting Question 23. It is one of the objective questions from the 2024 Post Utme Caleb University Accounting examination.
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