Post Utme Summit University 2019 Accounting Question 39
Practice objective / multiple choice question 39 from the 2019 Post Utme Summit University Accounting examination.
A company uses the double-entry system to record its transactions. The accounting equation is Assets = Liabilities + Equity. If the company's assets increase by ₦100,000 and its liabilities decrease by ₦30,000, what is the increase in equity?
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About This Question
This is Post Utme Summit University 2019 Accounting Question 39. It is one of the objective questions from the 2019 Post Utme Summit University Accounting examination.
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