Post Utme Unilorin 2019 Accounting Question 29
Practice objective / multiple choice question 29 from the 2019 Post Utme Unilorin Accounting examination.
A company prepares a balance sheet as at December 31, 2022. The company's assets consist of cash ₦100,000, accounts receivable ₦50,000, and inventory ₦200,000. The company's liabilities consist of accounts payable ₦30,000 and long-term debt ₦150,000. What is the correct total equity for the company?
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About This Question
This is Post Utme Unilorin 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.
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