Post Utme Oau 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Assets: £ 100,000 (Cash) £ 200,000 (Debtors) Liabilities: £ 50,000 (Creditors) What is the company's net worth?

Answer Options

A. £ 50,000
Correct Answer B. £ 100,000
C. £ 150,000
D. £ 200,000
Correct Answer
B
Correct Option:
£ 100,000

About This Question

This is Post Utme Oau 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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