Post Utme Summit University 2019 Accounting Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Summit University Accounting examination.

Post Utme Summit University 2019 Accounting Objective / Multiple Choice
Question 29 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Assets: ₦200,000 Liabilities: ₦150,000 What is the company's net worth?

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Summit University 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Summit University Accounting examination.

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