Post Utme Nile University 2019 Accounting Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Nile University Accounting examination.

Post Utme Nile University 2019 Accounting Objective / Multiple Choice
Question 40 POST_UTME_NILE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 20X7 is as follows: Assets: ₦ 500,000 Liabilities: ₦ 300,000 Calculate the company's equity.

Answer Options

Correct Answer A. ₦ 200,000
B. ₦ 220,000
C. ₦ 240,000
D. ₦ 260,000
Correct Answer
A
Correct Option:
₦ 200,000

About This Question

This is Post Utme Nile University 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.

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