Post Utme Nile University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Nile University Accounting examination.

Post Utme Nile University 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet as at December 31, 2024, is as follows:

Answer Options

Correct Answer A. Assets 1,000,000, Liabilities 500,000, Equity 500,000
B. Assets 1,000,000, Liabilities 1,000,000, Equity 0
C. Assets 1,000,000, Liabilities 0, Equity 1,000,000
D. Assets 1,000,000, Liabilities 500,000, Equity 1,500,000
Correct Answer
A
Correct Option:
Assets 1,000,000, Liabilities 500,000, Equity 500,000

About This Question

This is Post Utme Nile University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Nile University Accounting examination.

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