Post Utme Afe Babalola University 2022 Accounting Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2022 Accounting Objective / Multiple Choice
Question 19 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's balance sheet showed the following: Share capital ₦500,000, Reserves ₦200,000, and Accumulated profits ₦300,000. Calculate the total amount of shareholders' funds.

Answer Options

A. ₦1,000,000
Correct Answer B. ₦1,100,000
C. ₦1,200,000
D. ₦1,300,000
Correct Answer
B
Correct Option:
₦1,100,000

About This Question

This is Post Utme Afe Babalola University 2022 Accounting Question 19. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.

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