Waec Model Questions Vol1 2025 Financial Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Hard Difficulty
Question 12 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A company has total assets of ₦500,000 and total liabilities of ₦300,000. If the company issues new shares worth ₦50,000, what will be the new equity of the company?

Answer Options

Correct Answer A. ₦250,000
B. ₦200,000
C. ₦300,000
D. ₦275,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 12. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Hard .

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