Post Utme Unilag 2025 Accounting Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Unilag Accounting examination.

Post Utme Unilag 2025 Accounting Objective / Multiple Choice

Question 19 POST_UTME_UNILAG • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2024 is as follows: Assets: ₦1,500,000 Liabilities: ₦1,000,000 What is the company's equity?

Answer Options

Correct Answer A. ₦500,000

B. ₦1,000,000

C. ₦1,500,000

D. ₦2,000,000

Correct Answer

Correct Option:

₦500,000

About This Question

This is Post Utme Unilag 2025 Accounting Question 19. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.

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