Post Utme Ksu 2025 Accounting Question 16
Practice objective / multiple choice question 16 from the 2025 Post Utme Ksu Accounting examination.
A company's trading account for the year ended 31st December 2024 shows a profit of ₦1,500,000. The balance sheet as at 31st December 2024 shows a current asset of ₦2,500,000 and a non-current asset of ₦3,000,000. The company's equity as at 31st December 2023 was ₦5,000,000. Calculate the company's retained earnings as at 31st December 2024.
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About This Question
This is Post Utme Ksu 2025 Accounting Question 16. It is one of the objective questions from the 2025 Post Utme Ksu Accounting examination.
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