Post Utme Noun 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦300,000. Calculate the company's net worth.

Answer Options

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

About This Question

This is Post Utme Noun 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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