Post Utme Eksu 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2017 is as follows: Assets: Current Assets £ 100,000 Non-Current Assets £ 200,000 Total Assets £ 300,000 Liabilities: Current Liabilities £ 50,000 Non-Current Liabilities £ 150,000 Total Liabilities £ 200,000 What is the amount of shareholders' funds?

Answer Options

A. £ 100,000
B. £ 150,000
Correct Answer C. £ 200,000
D. £ 250,000
Correct Answer
C
Correct Option:
£ 200,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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