Post Utme Noun 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2020 is as follows: Share Capital: ₦500,000; Retained Earnings: ₦300,000; Debtors: ₦150,000; Creditors: ₦100,000. Calculate the company's net worth.

Answer Options

Correct Answer A. ₦750,000
B. ₦800,000
C. ₦850,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦750,000

About This Question

This is Post Utme Noun 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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