Post Utme Ui 2025 Accounting Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Ui Accounting examination.

Post Utme Ui 2025 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UI • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Assets ₦500,000, Liabilities ₦200,000, and Equity ₦300,000. What is the company's net income?

Answer Options

Correct Answer A. ₦200,000
B. ₦150,000
C. ₦100,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Ui 2025 Accounting Question 14. It is one of the objective questions from the 2025 Post Utme Ui Accounting examination.

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