Post Utme Delsu 2019 Accounting Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Delsu Accounting examination.
A company's profit and loss account for the year ended 31st December 2022 showed a net profit of ₦1,200,000. Its balance sheet as at that date showed a capital of ₦1,500,000 and a profit and loss account balance of ₦250,000. Calculate the company's retained earnings.
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About This Question
This is Post Utme Delsu 2019 Accounting Question 24. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.
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