Post Utme Lautech 2018 Accounting Question 3
Practice objective / multiple choice question 3 from the 2018 Post Utme Lautech Accounting examination.
A company's balance sheet at the end of the year shows the following: | Assets | ₦ | Liabilities | ₦ | | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | | Debtors | 30,000 | Creditors | 15,000 | | Stock | 40,000 | | | | | | | | What is the total amount of the company's equity at the end of the year?
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About This Question
This is Post Utme Lautech 2018 Accounting Question 3. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.
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