Post Utme Delsu 2022 Accounting Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Delsu Accounting examination.

Post Utme Delsu 2022 Accounting Objective / Multiple Choice
Question 34 POST_UTME_DELSU • 2022 • ACCOUNTING • objective

A company's trial balance shows the following balances: Capital, ₦50,000; Profit and Loss, ₦20,000; Drawings, ₦10,000. Calculate the company's net worth.

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Delsu 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Delsu Accounting examination.

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