Post Utme Bowen University 2023 Commerce Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 15 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A company has a sole proprietorship business with a capital of ₦200,000. The company has a profit of ₦50,000. What is the owner's equity after the profit is distributed?

Answer Options

Correct Answer A. ₦250,000
B. ₦225,000
C. ₦200,000
D. ₦175,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Bowen University 2023 Commerce Question 15. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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