Post Utme Esut 2020 Accounting Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Esut Accounting examination.

Post Utme Esut 2020 Accounting Objective / Multiple Choice
Question 4 POST_UTME_ESUT • 2020 • ACCOUNTING • objective

A company has the following balance sheet: ₦500,000 in Cash, ₦200,000 in Accounts Payable, and ₦300,000 in Sales. What is the net worth of the company?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Esut 2020 Accounting Question 4. It is one of the objective questions from the 2020 Post Utme Esut Accounting examination.

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