Post Utme Joseph Ayo Babalola University 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's assets are valued at ₦1,500,000. The company's liabilities are ₦800,000. What is the company's equity?

Answer Options

A. ₦700,000
Correct Answer B. ₦1,000,000
C. ₦1,300,000
D. ₦1,700,000
Correct Answer
B
Correct Option:
₦1,000,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

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