Post Utme Futo 2025 Accounting Question 24

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

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 24 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company's trading account shows a profit of 50,000. The company's profit and loss account shows a profit of 70,000. The company's balance sheet shows a net worth of 200,000. Calculate the company's retained earnings.

Answer Options

Correct Answer A. ₦120,000
B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

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

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