Post Utme Lasu 2021 Accounting Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Lasu Accounting examination.

Post Utme Lasu 2021 Accounting Objective / Multiple Choice
Question 30 POST_UTME_LASU • 2021 • ACCOUNTING • objective

A company has the following incomplete records: Opening capital ₦50,000, Closing capital ₦60,000, Sales ₦100,000, Purchases ₦80,000. Prepare the statement of profit or loss and the statement of changes in equity.

Answer Options

A. ₦20,000
B. ₦25,000
Correct Answer C. ₦30,000
D. ₦35,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Lasu 2021 Accounting Question 30. It is one of the objective questions from the 2021 Post Utme Lasu Accounting examination.

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