Post Utme Futa 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Futa Accounting examination.

Post Utme Futa 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_FUTA • 2025 • ACCOUNTING • objective

A company's trading account shows a loss of ₦200,000. The profit and loss account shows a net loss of ₦300,000. The balance sheet shows a capital of ₦1,000,000. Prepare the statement of changes in equity.

Answer Options

A. ₦1,200,000
Correct Answer B. ₦1,300,000
C. ₦1,400,000
D. ₦1,500,000
Correct Answer
B
Correct Option:
₦1,300,000

About This Question

This is Post Utme Futa 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Futa Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support