Post Utme Bells University 2017 Accounting Question 10
Practice objective / multiple choice question 10 from the 2017 Post Utme Bells University Accounting examination.
A company's balance sheet as at 31st December is as follows: | Assets | ₦ | Liabilities | ₦ | | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | | Debtors | 30,000 | Share Capital | 50,000 | | Stock | 40,000 | Retained Earnings | 10,000 | | Total | 80,000 | Total | 80,000 | What is the value of the company's retained earnings?
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This is Post Utme Bells University 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Bells University Accounting examination.
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