Post Utme Redeemers University 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's balance sheet shows total assets of ₦1,500,000 and total liabilities of ₦800,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Redeemers University 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Redeemers University Accounting examination.

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