Post Utme Ims U 2021 Accounting Question 20
Practice objective / multiple choice question 20 from the 2021 Post Utme Ims U Accounting examination.
A company's ledger shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000, and Net Income ₦30,000. What is the correct balance in the company's retained earnings account?
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About This Question
This is Post Utme Ims U 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Ims U Accounting examination.
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