Post Utme Rsu 2024 Accounting Question 26
Practice objective / multiple choice question 26 from the 2024 Post Utme Rsu Accounting examination.
A company's trading account for the year ended 31st December 2023 shows a profit of ₦120,000. The balance sheet as at 31st December 2023 shows a current liability of ₦80,000 and a non-current liability of ₦200,000. The company's share capital is ₦500,000 and its retained earnings are ₦300,000. What is the company's net worth as at 31st December 2023?
Answer Options
About This Question
This is Post Utme Rsu 2024 Accounting Question 26. It is one of the objective questions from the 2024 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.