Post Utme Unn 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 20X8 showed a total assets of ₦10,000,000 and a total liabilities of ₦6,000,000. What is the company's net worth?

Answer Options

A. ₦4,000,000
Correct Answer B. ₦5,000,000
C. ₦6,000,000
D. ₦7,000,000
Correct Answer
B
Correct Option:
₦5,000,000

About This Question

This is Post Utme Unn 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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