Post Utme Unn 2021 Accounting Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A company's assets at the beginning of the year were ₦1,000,000. The company's assets at the end of the year were ₦1,500,000. The company's liabilities at the beginning of the year were ₦500,000. The company's liabilities at the end of the year were ₦750,000. Calculate the company's net worth at the end of the year.

Answer Options

Correct Answer A. ₦750,000
B. ₦750,000
C. ₦750,000
D. ₦750,000
Correct Answer
A
Correct Option:
₦750,000

About This Question

This is Post Utme Unn 2021 Accounting Question 34. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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