Post Utme Summit University 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Summit University Accounting examination.

Post Utme Summit University 2018 Accounting Objective / Multiple Choice

Question 23 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ACCOUNTING • objective

What is the accounting equation?

Answer Options

Correct Answer A. Assets = Liabilities + Equity

B. Assets = Liabilities - Equity

C. Assets = Equity - Liabilities

D. Assets = Equity + Liabilities

Correct Answer

Correct Option:

Assets = Liabilities + Equity

About This Question

This is Post Utme Summit University 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Summit University Accounting examination.

View More Post Utme Summit University 2018 Accounting Questions More Post Utme Summit University Practice Questions Back to Questions

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