Post Utme Unn 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Unn Accounting examination.

Post Utme Unn 2024 Accounting Objective / Multiple Choice
Question 20 POST_UTME_UNN • 2024 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2023 is as follows: Assets: ₦ 500,000 Liabilities: ₦ 200,000 Capital: ₦ 300,000 What is the total amount of equity?

Answer Options

A. ₦ 300,000
B. ₦ 400,000
Correct Answer C. ₦ 500,000
D. ₦ 600,000
Correct Answer
C
Correct Option:
₦ 500,000

About This Question

This is Post Utme Unn 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Unn Accounting examination.

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