Post Utme Lasu 2024 Accounting Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Lasu Accounting examination.

Post Utme Lasu 2024 Accounting Objective / Multiple Choice
Question 24 POST_UTME_LASU • 2024 • ACCOUNTING • objective

A company's balance sheet shows a total asset value of ₦500,000 and a total liability value of ₦300,000. What is the company's equity?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Lasu 2024 Accounting Question 24. It is one of the objective questions from the 2024 Post Utme Lasu Accounting examination.

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