Post Utme Futo 2018 Accounting Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Futo Accounting examination.

Post Utme Futo 2018 Accounting Objective / Multiple Choice
Question 13 POST_UTME_FUTO • 2018 • ACCOUNTING • objective

A company's balance sheet shows an error of ₦10,000 in the 'Capital' account. The correct balance should be ₦50,000. What is the correct balance of the 'Capital' account?

Answer Options

A. ₦60,000
Correct Answer B. ₦50,000
C. ₦40,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Futo 2018 Accounting Question 13. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.

View More Post Utme Futo 2018 Accounting Questions More Post Utme Futo Practice Questions Back to Questions

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