Post Utme Covenant University 2017 Accounting Question 30
Practice objective / multiple choice question 30 from the 2017 Post Utme Covenant University Accounting examination.
A company has the following ledger balances: Accounts Payable 40,000, Accounts Receivable 20,000, Common Stock 80,000, Dividends 15,000. If the company's total assets are 220,000, calculate the amount of Retained Earnings.
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This is Post Utme Covenant University 2017 Accounting Question 30. It is one of the objective questions from the 2017 Post Utme Covenant University Accounting examination.
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