Post Utme Uniosun 2022 Accounting Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2022 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNIOSUN • 2022 • ACCOUNTING • objective

A company has the following balance sheet as at 31st December: Assets: Cash: ₦0,000 Debtors: ₦0,500 Stock: ₦1,000 Total Assets: ₡2,500 Liabilities: Creditors: ₦0,000 Capital: ₦0,500 Total Liabilities: ₡0,500 Calculate the net worth of the company.

Answer Options

A. ₡0,000
B. ₡1,000
Correct Answer C. ₡2,000
D. ₡3,000
Correct Answer
C
Correct Option:
₡2,000

About This Question

This is Post Utme Uniosun 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Uniosun Accounting examination.

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