Post Utme Caleb University 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has a balance sheet that shows the following balances: Assets: ₦500,000, Liabilities: ₦200,000, Equity: ₦300,000. What is the company's net worth?

Answer Options

A. ₦100,000
B. ₦200,000
Correct Answer C. ₦300,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Caleb University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Caleb University Accounting examination.

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