Post Utme Redeemers University 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2018 is as follows: Equity: ₦1,500,000; Liabilities: ₦1,200,000. Calculate the company's net worth.

Answer Options

Correct Answer A. ₦300,000
B. ₦320,000
C. ₦340,000
D. ₦360,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Redeemers University 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Redeemers University Accounting examination.

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