Post Utme Igbinedion University 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's assets decreased by 10,000 and its liabilities increased by 5,000. What is the net change in equity?

Answer Options

Correct Answer A. 5,000
B. 10,000
C. 15,000
D. 20,000
Correct Answer
A
Correct Option:
5,000

About This Question

This is Post Utme Igbinedion University 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.

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