Post Utme Covenant University 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_COVENANT_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Equity: ₦500,000; Liabilities: ₦1,000,000. Calculate the company's capital.

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,000,000
C. ₦500,000
D. ₦0
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Covenant University 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Covenant University Accounting examination.

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