Post Utme Veritas University 2021 Accounting Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2021 Accounting Objective / Multiple Choice
Question 30 POST_UTME_VERITAS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following balance sheet: Assets ₦200,000, Liabilities ₦100,000, and Capital ₦100,000. What is the net worth of the company?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Veritas University 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Veritas University Accounting examination.

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