Post Utme Coal City University 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December, 2024 shows: Equity, ₦500,000; Liabilities, ₦300,000. Calculate the company's net worth.

Answer Options

A. ₦200,000
B. ₦300,000
C. ₦400,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Coal City University 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Coal City University Accounting examination.

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