Post Utme Futa 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Futa Accounting examination.

Post Utme Futa 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_FUTA • 2025 • ACCOUNTING • objective

A company's ledger shows the following balances: Cash ₦100,000, Accounts Payable ₦50,000, and Common Stock ₦200,000. What is the company's total equity?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Futa 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Futa Accounting examination.

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