Post Utme Uniben 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Uniben Accounting examination.

Post Utme Uniben 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_UNIBEN • 2025 • ACCOUNTING • objective

A company has the following trial balance: assets of ₦1,000,000, liabilities of ₦500,000, and equity of ₦500,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦500,000
B. ₦1,000,000
C. ₦500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Uniben 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Uniben Accounting examination.

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