Post Utme Christopher University 2020 Accounting Question 36
Practice objective / multiple choice question 36 from the 2020 Post Utme Christopher University Accounting examination.
A company's trading account for the year ended 31st December 2022 shows a profit of ₦1,500,000. The balance sheet as at 31st December 2022 shows a current asset of ₦2,500,000 and a non-current asset of ₦3,000,000. The company's equity as at 31st December 2021 was ₦1,000,000. Calculate the company's total equity as at 31st December 2022.
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About This Question
This is Post Utme Christopher University 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Christopher University Accounting examination.
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