Post Utme Uniosun 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNIOSUN • 2025 • ACCOUNTING • objective

A company uses the double entry system to record its financial transactions. The company's assets are ₦300,000, liabilities are ₦100,000, and equity is ₦200,000. What is the company's net worth?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Uniosun 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Uniosun Accounting examination.

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