Post Utme Covenant University 2019 Accounting Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 34 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2022, shows the following: Assets: ₦1,000,000 Liabilities: ₦500,000 What is the equity?

Answer Options

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

About This Question

This is Post Utme Covenant University 2019 Accounting Question 34. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

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