Post Utme Rsu 2023 Accounting Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Rsu Accounting examination.

Post Utme Rsu 2023 Accounting Objective / Multiple Choice
Question 38 POST_UTME_RSU • 2023 • ACCOUNTING • objective

A company's financial statements show that its total assets are ₦1,500,000 and its total liabilities are ₦800,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦700,000
B. ₦600,000
C. ₦500,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Rsu 2023 Accounting Question 38. It is one of the objective questions from the 2023 Post Utme Rsu Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support