Waec Model Questions Vol1 2025 Financial Accounting Question 46

Practice objective / multiple choice question 46 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 46 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

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

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦200,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 46. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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