Post Utme Igbinedion University 2019 Accounting Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2019 Accounting Objective / Multiple Choice
Question 39 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦150,000. Its profit and loss account shows a net profit of ₦200,000. Its balance sheet shows a net worth of ₦500,000. Calculate the company's capital.

Answer Options

A. ₦650,000
Correct Answer B. ₦700,000
C. ₦750,000
D. ₦800,000
Correct Answer
B
Correct Option:
₦700,000

About This Question

This is Post Utme Igbinedion University 2019 Accounting Question 39. It is one of the objective questions from the 2019 Post Utme Igbinedion University Accounting examination.

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