Post Utme Noun 2020 Accounting Question 20
Practice objective / multiple choice question 20 from the 2020 Post Utme Noun Accounting examination.
A company's balance sheet as at 31st December, 2019 is as follows: Assets: Cash ₦50,000 Accounts Receivable ₦20,000 Inventory ₦30,000 Total Assets ₦100,000 Liabilities: Accounts Payable ₦10,000 Long-term Debt ₦30,000 Total Liabilities ₦40,000 What is the company's equity as at 31st December, 2019?
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This is Post Utme Noun 2020 Accounting Question 20. It is one of the objective questions from the 2020 Post Utme Noun Accounting examination.
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