Post Utme Noun 2024 Accounting Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 14 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

The following is a partial extract from the balance sheet of XYZ Ltd. as at 31st December 2023: Fixed Assets ₦1,800,000; Current Assets ₦900,000; Current Liabilities ₦600,000. Calculate the net worth of the company.

Answer Options

Correct Answer A. ₦2,100,000
B. ₦2,300,000
C. ₦2,500,000
D. ₦2,800,000
Correct Answer
A
Correct Option:
₦2,100,000

About This Question

This is Post Utme Noun 2024 Accounting Question 14. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support