Post Utme Delsu 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Delsu Commerce examination.

Post Utme Delsu 2017 Commerce Objective / Multiple Choice
Question 12 POST_UTME_DELSU • 2017 • COMMERCE • objective

A company's balance sheet shows total assets of ₦1,500,000 and total liabilities of ₦800,000. What is the company's equity?

Answer Options

A. ₦700,000
B. ₦700,000
C. ₦700,000
Correct Answer D. ₦700,000
Correct Answer
D
Correct Option:
₦700,000

About This Question

This is Post Utme Delsu 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.

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