Post Utme Osustech 2018 Accounting Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Osustech Accounting examination.

Post Utme Osustech 2018 Accounting Objective / Multiple Choice
Question 3 POST_UTME_OSUSTECH • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Assets: ₦100,000 Cash ₦50,000 Debtors ₦20,000 Creditors ₦30,000 Capital What is the company's net worth?

Answer Options

A. ₦100,000
B. ₦120,000
Correct Answer C. ₦130,000
D. ₦140,000
Correct Answer
C
Correct Option:
₦130,000

About This Question

This is Post Utme Osustech 2018 Accounting Question 3. It is one of the objective questions from the 2018 Post Utme Osustech Accounting examination.

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