Post Utme Eksu 2018 Accounting Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Eksu Accounting examination.

Post Utme Eksu 2018 Accounting Objective / Multiple Choice
Question 40 POST_UTME_EKSU • 2018 • ACCOUNTING • objective

A company's financial statements show the following information: Net Income ₦50,000, Dividends ₦20,000, and Retained Earnings ₦30,000. What is the company's total equity?

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Eksu 2018 Accounting Question 40. It is one of the objective questions from the 2018 Post Utme Eksu Accounting examination.

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