Post Utme Summit University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Summit University Accounting examination.

Post Utme Summit University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet showed a total asset value of ₦500,000 and a total liability value of ₦300,000. Calculate the company's equity.

Answer Options

A. ₦100,000
B. ₦150,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Summit University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Summit University Accounting examination.

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