Post Utme Lasu 2018 Accounting Question 41

Practice objective / multiple choice question 41 from the 2018 Post Utme Lasu Accounting examination.

Post Utme Lasu 2018 Accounting Objective / Multiple Choice
Question 41 POST_UTME_LASU • 2018 • ACCOUNTING • objective

A company's nature and principles of accounting records showed the following: Accounting Equation ₦0,800,000 = ₦0,500,000 + ₦0,700,000. What is the company's accounting equation?

Answer Options

Correct Answer A. ₦1,200,000 = ₦1,000,000 + ₦1,500,000
B. ₦1,500,000 = ₦1,200,000 + ₦1,000,000
C. ₦2,000,000 = ₦1,500,000 + ₦1,200,000
D. ₦2,500,000 = ₦2,000,000 + ₦1,500,000
Correct Answer
A
Correct Option:
₦1,200,000 = ₦1,000,000 + ₦1,500,000

About This Question

This is Post Utme Lasu 2018 Accounting Question 41. It is one of the objective questions from the 2018 Post Utme Lasu Accounting examination.

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