Post Utme Joseph Ayo Babalola University 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company uses the self-balancing ledger system. The company's assets are ₦500,000, and its liabilities are ₦200,000. What is the company's net worth?

Answer Options

A. ₦300,000
B. ₦350,000
Correct Answer C. ₦400,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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