Post Utme Lead City University 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2017 Accounting Objective / Multiple Choice
Question 24 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's assets are valued at ₦1,500,000. The company's liabilities are ₦800,000. What is the company's equity?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Lead City University 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Lead City University Accounting examination.

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