Post Utme Futa 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦1,000,000 and total liabilities of ₦500,000. What is the correct net worth?

Answer Options

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

About This Question

This is Post Utme Futa 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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