Post Utme Wellspring University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet shows a total assets of ₦500,000 and a total liabilities of ₦300,000. What is the company's net worth?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Wellspring University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Wellspring University Accounting examination.

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