Post Utme Lautech 2022 Accounting Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice

Question 8 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A government agency uses the following accounting equation to record its transactions:

Answer Options

Correct Answer A. Assets = Liabilities + Equity

B. Assets = Liabilities - Equity

C. Assets = Equity - Liabilities

D. Assets = Equity + Liabilities

Correct Answer

Correct Option:

Assets = Liabilities + Equity

About This Question

This is Post Utme Lautech 2022 Accounting Question 8. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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