Post Utme Unilag 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Unilag Accounting examination.

Post Utme Unilag 2024 Accounting Objective / Multiple Choice

Question 20 POST_UTME_UNILAG • 2024 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦1,500,000 and a total liabilities of ₦0,800,000. What is the value of the equity?

Answer Options

Correct Answer A. ₦0,700,000

B. ₦0,800,000

C. ₦0,700,000

D. ₦0,800,000

Correct Answer

Correct Option:

₦0,700,000

About This Question

This is Post Utme Unilag 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Unilag Accounting examination.

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