Post Utme Futa 2023 Accounting Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 13 POST_UTME_FUTA • 2023 • ACCOUNTING • objective

A company's assets are valued at ₦1,000,000. The company's liabilities are ₦500,000. What is the company's equity?

Answer Options

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

About This Question

This is Post Utme Futa 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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