Post Utme Christopher University 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2023 shows a total assets of ₦1,500,000 and a total liabilities of ₦1,200,000. What is the company's net worth?

Answer Options

A. ₦300,000
B. ₦400,000
C. ₦500,000
Correct Answer D. ₦600,000
Correct Answer
D
Correct Option:
₦600,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Christopher 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.

Unlock Full Access Available for Android & Windows
Chat with Support