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The excess of the assets over the liabilities of a business is called?
Classroom
Commerce Classroom
Jamb
Jamb 2005
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The excess of the assets over the liabilities of a business is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Working capital
B
Net worth
C
Capital employed
D
Initial capital
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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