Post Utme Delsu 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 showed a total assets of ₦5,000,000 and a total liabilities of ₦2,500,000. Calculate its equity.

Answer Options

A. ₦2,500,000
B. ₦2,750,000
Correct Answer C. ₦3,000,000
D. ₦3,250,000
Correct Answer
C
Correct Option:
₦3,000,000

About This Question

This is Post Utme Delsu 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

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