Post Utme Ui 2024 Accounting Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Ui Accounting examination.

Post Utme Ui 2024 Accounting Objective / Multiple Choice
Question 32 POST_UTME_UI • 2024 • ACCOUNTING • objective

A company's accounting equation is Assets = Liabilities + Equity. If the company's total assets are ₦500,000 and total liabilities are ₦200,000, calculate the company's net worth.

Answer Options

A. ₦300,000
B. ₦300,000
C. ₦300,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Ui 2024 Accounting Question 32. It is one of the objective questions from the 2024 Post Utme Ui Accounting examination.

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