Post Utme Babcock University 2019 Accounting Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2019 Accounting Objective / Multiple Choice
Question 24 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's accounting records show that the total value of its assets increased by ₦1,500,000 during the year. However, the company's profit after tax for the year was ₦800,000. What is the amount of the company's capital expenditure for the year?

Answer Options

A. ₦1,700,000
B. ₦1,300,000
Correct Answer C. ₦1,500,000
D. ₦1,200,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Babcock University 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.

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