Post Utme Greenfield University 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following transactions for the year ended 31st December 2023: Sales: ₦2,500,000; Purchases: ₦1,800,000; Wages: ₦400,000; Rent: ₦150,000. Prepare a Shareholders' Equity Account for the year.

Answer Options

A. ₦700,000
B. ₦750,000
Correct Answer C. ₦800,000
D. ₦850,000
Correct Answer
C
Correct Option:
₦800,000

About This Question

This is Post Utme Greenfield University 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Greenfield University Accounting examination.

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