Post Utme Eksu 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Eksu Accounting examination.

Post Utme Eksu 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_EKSU • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦100,000. The profit and loss account shows a net profit of ₦120,000. The balance sheet shows a capital of ₦200,000. Prepare a statement of changes in capital.

Answer Options

A. ₦20,000
Correct Answer B. ₦120,000
C. ₦100,000
D. ₦180,000
Correct Answer
B
Correct Option:
₦120,000

About This Question

This is Post Utme Eksu 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Eksu Accounting examination.

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