Post Utme Veritas University 2022 Accounting Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2022 Accounting Objective / Multiple Choice
Question 40 POST_UTME_VERITAS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows the following: Assets: ₦3,000,000; Liabilities: ₦2,500,000. Calculate the equity.

Answer Options

A. ₦500,000
B. ₦750,000
C. ₦1,000,000
Correct Answer D. ₦1,250,000
Correct Answer
D
Correct Option:
₦1,250,000

About This Question

This is Post Utme Veritas University 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Veritas University Accounting examination.

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