Post Utme Christopher University 2018 Accounting Question 33
Practice objective / multiple choice question 33 from the 2018 Post Utme Christopher University Accounting examination.
A company's balance sheet as at 31st December 20X7 is as follows: Assets: ₦100,000; Liabilities: ₦50,000; Capital: ₦50,000. If the company makes a profit of ₦20,000 in 20X8, what will be the new capital?
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About This Question
This is Post Utme Christopher University 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.
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