Post Utme Uniport 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Uniport Accounting examination.

Post Utme Uniport 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNIPORT • 2017 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦300,000. What is the company's equity?

Answer Options

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

About This Question

This is Post Utme Uniport 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Uniport 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