Post Utme Esut 2021 Accounting Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Esut Accounting examination.

Post Utme Esut 2021 Accounting Objective / Multiple Choice
Question 8 POST_UTME_ESUT • 2021 • ACCOUNTING • objective

A company's assets and liabilities as at 31st December, 2020, were as follows: Assets: ₦150,000; Liabilities: ₦80,000. Calculate the company's equity as at 31st December, 2020.

Answer Options

A. ₦70,000
B. ₦70,000
C. ₦70,000
Correct Answer D. ₦70,000
Correct Answer
D
Correct Option:
₦70,000

About This Question

This is Post Utme Esut 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Esut Accounting examination.

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