Post Utme Unilag 2017 Accounting Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Unilag Accounting examination.

Post Utme Unilag 2017 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNILAG • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 shows a total assets of ₦1,500,000 and a total liabilities of ₦1,000,000. Calculate the company's equity.

Answer Options

A. ₦200,000
B. ₦300,000
C. ₦400,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Unilag 2017 Accounting Question 15. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.

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