Post Utme Veritas University 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2021 Accounting Objective / Multiple Choice
Question 35 POST_UTME_VERITAS_UNIVERSITY • 2021 • ACCOUNTING • objective

A balance sheet shows the following: Assets: ₦500,000, Liabilities: ₦200,000. What is the net worth?

Answer Options

Correct Answer A. ₦300,000
B. ₦200,000
C. ₦100,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Veritas University 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Veritas University Accounting examination.

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