Post Utme Rhema University 2025 Accounting Question 25
Practice objective / multiple choice question 25 from the 2025 Post Utme Rhema University Accounting examination.
A company has the following balance sheet: | Asset | Liability | Equity | | --- | --- | --- | | Cash | ₦100,000 | | | Accounts Payable | | ₦50,000 | | Sales Revenue | ₦200,000 | | | Cost of Goods Sold | | ₦150,000 | | Net Income | | ₦50,000 | What is the total equity of the company?
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This is Post Utme Rhema University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.
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