Post Utme Elizade University 2023 Accounting Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2023 Accounting Objective / Multiple Choice
Question 40 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Assets ₦200,000, Liabilities ₦100,000, and Capital ₦100,000. What is the net worth of the company?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Elizade University 2023 Accounting Question 40. It is one of the objective questions from the 2023 Post Utme Elizade University Accounting examination.

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