Post Utme Rsu 2017 Accounting Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Rsu Accounting examination.

Post Utme Rsu 2017 Accounting Objective / Multiple Choice
Question 40 POST_UTME_RSU • 2017 • ACCOUNTING • objective

A company has the following ledger balances: Debtors: ₦80,000 Creditors: ₦40,000 Capital: ₦120,000 What is the company's net worth?

Answer Options

A. ₦100,000
Correct Answer B. ₦120,000
C. ₦140,000
D. ₦160,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Rsu 2017 Accounting Question 40. It is one of the objective questions from the 2017 Post Utme Rsu Accounting examination.

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