Post Utme Ksu 2017 Accounting Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 30 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A company's balance sheet shows an asset of ₦500,000 and a liability of ₦200,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Ksu 2017 Accounting Question 30. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

View More Post Utme Ksu 2017 Accounting Questions More Post Utme Ksu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support