Post Utme Elizade University 2025 Accounting Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2025 Accounting Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has a balance sheet as follows: Assets ₦1,500,000, Liabilities ₦800,000, and Share Capital ₦500,000. What is the amount of retained earnings?

Answer Options

Correct Answer A. ₦200,000
B. ₦250,000
C. ₦300,000
D. ₦350,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Elizade University 2025 Accounting Question 24. It is one of the objective questions from the 2025 Post Utme Elizade University Accounting examination.

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