Post Utme Futa 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company's balance sheet shows a total of ₦10000000 in assets and ₦30000000 in liabilities. What is the company's net worth?

Answer Options

A. ₥8000000
B. ₥9000000
C. ₦0000000
Correct Answer D. ₦1000000
Correct Answer
D
Correct Option:
₦1000000

About This Question

This is Post Utme Futa 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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