Post Utme Unilag 2020 Accounting Question 8
Practice objective / multiple choice question 8 from the 2020 Post Utme Unilag Accounting examination.
A company's trading account shows a profit of ₦80,000. The company's profit and loss account shows a net profit of ₦120,000. The company's balance sheet shows a total assets of ₦500,000 and total liabilities of ₦200,000. What is the company's net worth?
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About This Question
This is Post Utme Unilag 2020 Accounting Question 8. It is one of the objective questions from the 2020 Post Utme Unilag Accounting examination.
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