Post Utme Nile University 2019 Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Nile University Accounting examination.
A company uses the double-entry system of accounting. The company's trial balance shows the following accounts: Cash ₦1,000,000, Accounts Payable ₦500,000, Common Stock ₦2,000,000, and Retained Earnings ₦1,500,000. What is the total equity of the company?
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About This Question
This is Post Utme Nile University 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.
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