Post Utme Esut 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company's final accounts show a trading profit of ₦100,000 and a net profit of ₦150,000. What is the correct amount of the company's retained earnings?

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Esut 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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