Post Utme Al Hikmah University 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's equity is as follows: ₦ 1,000,000 - Common Stock ₦ 2,000,000 - Retained Earnings What is the total amount of the company's equity?

Answer Options

A. ₦ 3,000,000
B. ₦ 4,000,000
C. ₦ 5,000,000
Correct Answer D. ₦ 6,000,000
Correct Answer
D
Correct Option:
₦ 6,000,000

About This Question

This is Post Utme Al Hikmah University 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Accounting examination.

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