Post Utme Mountain Top University 2022 Accounting Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2022 Accounting Objective / Multiple Choice
Question 4 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following balance sheet: Assets: ₦500,000; Liabilities: ₦200,000; Capital: ₦300,000. What is the net worth of the company?

Answer Options

A. ₦100,000
B. ₦200,000
Correct Answer C. ₦300,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Mountain Top University 2022 Accounting Question 4. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support