Post Utme Elizade University 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows a total asset of ₦150,000 and a total liability of ₦80,000. What is the total equity?

Answer Options

A. ₦20,000
B. ₦30,000
C. ₦40,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Elizade University 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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