Post Utme Ui 2020 Accounting Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Ui Accounting examination.

Post Utme Ui 2020 Accounting Objective / Multiple Choice
Question 32 POST_UTME_UI • 2020 • ACCOUNTING • objective

A company's balance sheet shows total assets of ₦1,500,000 and total liabilities of ₦800,000. What is the amount of equity?

Answer Options

Correct Answer A. ₦700,000
B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Ui 2020 Accounting Question 32. It is one of the objective questions from the 2020 Post Utme Ui Accounting examination.

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