Post Utme Lautech 2018 Accounting Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 15 POST_UTME_LAUTECH • 2018 • ACCOUNTING • objective

A company's balance sheet shows a non-current asset of ₦500,000. Its profit and loss account shows a profit of ₦150,000. Calculate the company's net worth.

Answer Options

Correct Answer A. ₦650,000
B. ₦650,000
C. ₦650,000
D. ₦650,000
Correct Answer
A
Correct Option:
₦650,000

About This Question

This is Post Utme Lautech 2018 Accounting Question 15. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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