Post Utme Greenfield University 2025 Accounting Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2025 Accounting Objective / Multiple Choice
Question 4 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's profit and loss account shows a net profit of ₦100,000. The balance sheet shows a capital of ₦200,000. What is the correct amount of the retained earnings?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Greenfield University 2025 Accounting Question 4. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.

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