Post Utme Achievers University 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's financial statements for the year ended December 31, 2024, are as follows: Total Revenue ₦1,500,000, Total Expenses ₦1,200,000, and Net Profit ₦300,000. If the company's capital was ₦500,000 at the beginning of the year, calculate the company's capital at the end of the year.

Answer Options

A. ₦800,000
B. ₦900,000
Correct Answer C. ₦1,000,000
D. ₦1,100,000
Correct Answer
C
Correct Option:
₦1,000,000

About This Question

This is Post Utme Achievers University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Achievers University Accounting examination.

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