Question 0

Given:

Capital ...........N1000
Liabilities........N500
Assets.............N1500
The accounting equation can be expressed as?

A.N1000 + N500 + N1500 = N3000
B.N1000 - N500 + N1500 = N2000
C.N1000 + N500 = N1500
D.N1500 + N500 = N2000
E.

Objective

Question details

Exam body: JAMB
Subject: Accounts - Principles of Accounts
Year: 2003
Question no.: #0
Type: Objective

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