Post Utme Lead City University 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's balance sheet shows the following balances: Share Capital ₦100,000, Retained Earnings ₦50,000. What is the correct balance of the company's equity?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

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