Post Utme Unilorin 2020 Accounting Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2020 Accounting Objective / Multiple Choice

Question 23 POST_UTME_UNILORIN • 2020 • ACCOUNTING • objective

A company's balance sheet shows total assets of \pm 500,000 and total liabilities of \pm 300,000. What is the company's net worth?

Answer Options

Correct Answer A. \pm 200,000

B. \pm 300,000

C. \pm 400,000

D. \pm 500,000

Correct Answer

Correct Option:

\pm 200,000

About This Question

This is Post Utme Unilorin 2020 Accounting Question 23. It is one of the objective questions from the 2020 Post Utme Unilorin Accounting examination.

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