Post Utme Delsu 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Delsu Accounting examination.

Post Utme Delsu 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_DELSU • 2025 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2023 showed a capital of ₦500,000 and a profit and loss account of ₦150,000. The company's trading account for the year ended 31st December 2024 shows a profit of ₦200,000. Calculate the company's capital as at 31st December 2024.

Answer Options

A. ₦650,000
B. ₦700,000
Correct Answer C. ₦750,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Delsu 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Delsu Accounting examination.

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