Post Utme Unilag 2019 Accounting Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Unilag Accounting examination.

Post Utme Unilag 2019 Accounting Objective / Multiple Choice
Question 35 POST_UTME_UNILAG • 2019 • ACCOUNTING • objective

A company's assets are valued at ₦1,000,000. The company's liabilities are ₦500,000. Calculate the company's net worth.

Answer Options

A. ₦500,000
Correct Answer B. ₦750,000
C. ₦1,000,000
D. ₦1,250,000
Correct Answer
B
Correct Option:
₦750,000

About This Question

This is Post Utme Unilag 2019 Accounting Question 35. It is one of the objective questions from the 2019 Post Utme Unilag Accounting examination.

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