Post Utme Redeemers University 2025 Commerce Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A bank's balance sheet is given by the following equation:

Answer Options

Correct Answer A. The bank's equity is equal to its assets minus its liabilities.
B. The bank's assets are equal to its liabilities plus its equity.
C. The bank's liabilities are equal to its assets minus its equity.
D. The bank's equity is equal to its liabilities minus its assets.
Correct Answer
A
Correct Option:
The bank's equity is equal to its assets minus its liabilities.

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

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