Post Utme Futo 2022 Accounting Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 33 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following accounts: Assets ₦500,000, Liabilities ₦200,000, Equity ₦300,000. What is the company's net worth?

Answer Options

A. ₦200,000
B. ₦300,000
C. ₦400,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Futo 2022 Accounting Question 33. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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