Post Utme Rsu 2022 Accounting Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 14 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 shows a total assets of ₦1,500,000 and a total liabilities of ₦1,000,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦200,000
B. ₦500,000
C. ₦1,000,000
D. ₦1,500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 14. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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