Post Utme Babcock University 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's balance sheet showed an increase in share capital of ₦50,000 and a decrease in reserves of ₦20,000. Calculate the increase in net worth.

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Babcock University 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.

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