Post Utme Unilorin 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company's financial statements show the following information: Total assets: ₦200,000 Total liabilities: ₦100,000 What is the company's net worth?

Answer Options

A. ₦100,000
B. ₦150,000
C. ₦200,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support