Post Utme Esut 2017 Accounting Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 35 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company has the following trial balance: Assets ₦1,500,000, Liabilities ₦750,000, and Equity ₦750,000. What is the company's net worth?

Answer Options

A. ₦0
Correct Answer B. ₦750,000
C. ₦1,500,000
D. ₦2,250,000
Correct Answer
B
Correct Option:
₦750,000

About This Question

This is Post Utme Esut 2017 Accounting Question 35. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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