Post Utme Oau 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Oau Accounting examination.

Post Utme Oau 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_OAU • 2024 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦300,000. What is the company's equity?

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 Oau 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Oau Accounting examination.

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