Post Utme Crawford University 2017 Accounting Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2017 Accounting Objective / Multiple Choice
Question 38 POST_UTME_CRAWFORD_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet showed the following: | Assets | ₦ 100,000 | | Liabilities | ₦ 50,000 | | Capital | ₦ 50,000 | What was the company's net worth?

Answer Options

A. ₦ 0
Correct Answer B. ₦ 50,000
C. ₦ 100,000
D. ₦ 150,000
Correct Answer
B
Correct Option:
₦ 50,000

About This Question

This is Post Utme Crawford University 2017 Accounting Question 38. It is one of the objective questions from the 2017 Post Utme Crawford University Accounting examination.

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