Post Utme Veritas University 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_VERITAS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022, showed a total assets of ₦1,500,000 and a total liabilities of ₦0,500,000. Calculate the company's net worth.

Answer Options

Correct Answer A. ₦0,500,000
B. ₦1,500,000
C. ₦0,500,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦0,500,000

About This Question

This is Post Utme Veritas University 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Veritas University Accounting examination.

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