Post Utme Skyline University 2024 Accounting Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2024 Accounting Objective / Multiple Choice
Question 23 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's balance sheet shows an asset of ₦100,000 and a liability of ₦80,000. What is the company's equity?

Answer Options

Correct Answer A. ₦20,000
B. ₦80,000
C. ₦100,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Skyline University 2024 Accounting Question 23. It is one of the objective questions from the 2024 Post Utme Skyline University Accounting examination.

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