Post Utme Ksu 2017 Accounting Question 33
Practice objective / multiple choice question 33 from the 2017 Post Utme Ksu Accounting examination.
A company's balance sheet as at 31st December 2016 is as follows: | Assets | | Liabilities | | Equity | | | --- | --- | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | Share Capital | 50,000 | | Debtors | 30,000 | Creditors | 15,000 | Profit & Loss | 25,000 | | Prepaid Rent | 5,000 | | | | | | | | | | | | What is the total amount of equity?
Answer Options
About This Question
This is Post Utme Ksu 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.