Post Utme Uniosun 2024 Accounting Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A company's balance sheet shows the following: Current Assets ₦150,000, Current Liabilities ₦100,000, Long-term Debt ₦50,000, Common Stock ₦100,000. Calculate the company's net worth.

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Uniosun 2024 Accounting Question 9. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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