Post Utme Nile University 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Nile University Accounting examination.

Post Utme Nile University 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet showed the following balances: Assets ₦200,000, Liabilities ₦100,000, Capital ₦100,000. What is the company's net worth?

Answer Options

A. ₦0
B. ₦50,000
Correct Answer C. ₦100,000
D. ₦150,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Nile University 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Nile University Accounting examination.

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