Post Utme Igbinedion University 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows total assets of ₦150,000 and total liabilities of ₦100,000. What is the company's net worth?

Answer Options

A. ₦25,000
B. ₦50,000
Correct Answer C. ₦75,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Igbinedion University 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Igbinedion University Accounting examination.

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