Post Utme Rsu 2021 Accounting Question 15
Practice objective / multiple choice question 15 from the 2021 Post Utme Rsu Accounting examination.
A company's income statement for the year ended December 31, 2020, showed a net income of ₦150,000. If the company's balance sheet as at December 31, 2020, showed total assets of ₦500,000 and total liabilities of ₦200,000, what was the total equity as at December 31, 2020?
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About This Question
This is Post Utme Rsu 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.
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