Post Utme Bsu 2019 Accounting Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Bsu Accounting examination.

Post Utme Bsu 2019 Accounting Objective / Multiple Choice

Question 30 POST_UTME_BSU • 2019 • ACCOUNTING • objective

The following are the financial statements of XYZ Ltd. for the year ended 31st December 2018.

A. The company's profit is higher than its capital.

Correct Answer B. The company's capital is higher than its profit.

C. The company's profit and capital are equal.

D. The company's profit and capital are not applicable.

Correct Answer

Correct Option:

The company's capital is higher than its profit.

This is Post Utme Bsu 2019 Accounting Question 30. It is one of the objective questions from the 2019 Post Utme Bsu Accounting examination.

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