Post Utme Eksu 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Eksu Accounting examination.

Post Utme Eksu 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_EKSU • 2025 • ACCOUNTING • objective

A company's accounting records show that its total assets increased by ₦1,500,000 and its total liabilities increased by ₦1,200,000. If the company's net worth increased by ₦300,000, what is the amount of its retained earnings?

Answer Options

A. ₦1,500,000
B. ₦1,200,000
C. ₦300,000
Correct Answer D. ₦900,000
Correct Answer
D
Correct Option:
₦900,000

About This Question

This is Post Utme Eksu 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Eksu Accounting examination.

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