Post Utme Aaua 2025 Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Aaua Accounting examination.

Post Utme Aaua 2025 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AAUA • 2025 • ACCOUNTING • objective

A company has the following ledger accounts: Cash ₦50,000, Accounts Payable ₦20,000, Common Stock ₦100,000, and Retained Earnings ₦30,000. What is the total amount of equity?

Answer Options

A. ₦180,000
Correct Answer B. ₦200,000
C. ₦220,000
D. ₦240,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Aaua 2025 Accounting Question 10. It is one of the objective questions from the 2025 Post Utme Aaua Accounting examination.

View More Post Utme Aaua 2025 Accounting Questions More Post Utme Aaua Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support