Post Utme Eksu 2021 Accounting Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Eksu Accounting examination.
A company's trading account for the year ended 31st December 2021 shows a profit of ₦1,500,000. The company's balance sheet as at 31st December 2021 shows a current asset of ₦2,000,000 and a non-current asset of ₦3,000,000. The company's current liability is ₦1,500,000 and its non-current liability is ₦2,000,000. What is the company's net worth as at 31st December 2021?
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About This Question
This is Post Utme Eksu 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Eksu Accounting examination.
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