Post Utme Abu 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Abu Accounting examination.

Post Utme Abu 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_ABU • 2024 • ACCOUNTING • objective

A company's balance sheet shows a total equity of ₦200,000. If the company's retained earnings are ₦100,000, what is the company's total liabilities?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Abu 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Abu Accounting examination.

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