Post Utme Achievers University 2025 Commerce Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2025 Commerce Objective / Multiple Choice
Question 8 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • COMMERCE • objective

A company's financial statements show a net loss of ₦500,000. What is the effect on the company's retained earnings?

Answer Options

Correct Answer A. ₦500,000 decrease
B. ₦500,000 increase
C. No effect
D. ₦1,000,000 decrease
Correct Answer
A
Correct Option:
₦500,000 decrease

About This Question

This is Post Utme Achievers University 2025 Commerce Question 8. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.

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