Post Utme Bells University 2020 Accounting Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Bells University Accounting examination.

Post Utme Bells University 2020 Accounting Objective / Multiple Choice
Question 23 POST_UTME_BELLS_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's balance sheet shows the following: Share Capital: ₦500,000; Retained Earnings: ₦200,000. What is the total equity of the company?

Answer Options

Correct Answer A. ₦700,000
B. ₦700,000 credit
C. ₦700,000 debit
D. ₦700,000
Correct Answer
A
Correct Option:
₦700,000

About This Question

This is Post Utme Bells University 2020 Accounting Question 23. It is one of the objective questions from the 2020 Post Utme Bells University Accounting examination.

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