Waec Model Questions Vol1 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2023 Commerce Objective / Multiple Choice Easy Difficulty
Question 34 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • COMMERCE • objective

A business has total assets of ₦500,000 and total liabilities of ₦300,000. What is the owner's equity?

Answer Options

A. 300000
B. 250000
Correct Answer C. 200000
D. 150000
Correct Answer
C
Correct Option:
200000

About This Question

This is Waec Model Questions Vol1 2023 Commerce Question 34. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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