Post Utme Skyline University 2025 Accounting Question 41

Practice objective / multiple choice question 41 from the 2025 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2025 Accounting Objective / Multiple Choice
Question 41 POST_UTME_SKYLINE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows a total asset value of ₦1,200,000 and a total liability value of ₦600,000. What is the company's equity?

Answer Options

Correct Answer A. ₦600,000
B. ₦700,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Skyline University 2025 Accounting Question 41. It is one of the objective questions from the 2025 Post Utme Skyline University Accounting examination.

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