Post Utme Aaua 2022 Accounting Question 9
Practice objective / multiple choice question 9 from the 2022 Post Utme Aaua Accounting examination.
A company issued 10,000 shares of ₦10 each on January 1, 2022. The company's profit and loss account for the year ended December 31, 2022, showed a net profit of ₦300,000. Calculate the company's retained earnings as at December 31, 2022.
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About This Question
This is Post Utme Aaua 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Aaua Accounting examination.
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