Post Utme Elizade University 2018 Accounting Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2018 Accounting Objective / Multiple Choice
Question 10 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has a capital of ₦2,000,000 and a reserve of ₦500,000. The company also has a profit of ₦750,000. Prepare a balance sheet for the company.

Answer Options

A. ₦3,250,000
B. ₦3,500,000
Correct Answer C. ₦3,750,000
D. ₦4,000,000
Correct Answer
C
Correct Option:
₦3,750,000

About This Question

This is Post Utme Elizade University 2018 Accounting Question 10. It is one of the objective questions from the 2018 Post Utme Elizade University Accounting examination.

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