Post Utme Pan Atlantic University 2019 Accounting Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2019 Accounting Objective / Multiple Choice
Question 33 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet shows an asset of ₦100,000 and a liability of ₦80,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦20,000
B. ₦40,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Pan Atlantic University 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Accounting examination.

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