Post Utme Nile University 2024 Accounting Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Nile University Accounting examination.

Post Utme Nile University 2024 Accounting Objective / Multiple Choice
Question 10 POST_UTME_NILE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has a balance sheet as follows: Assets ₦500,000, Liabilities ₦200,000, and Share Capital ₦150,000. Calculate the amount of retained earnings.

Answer Options

A. ₦50,000
B. ₦75,000
C. ₦100,000
Correct Answer D. ₦125,000
Correct Answer
D
Correct Option:
₦125,000

About This Question

This is Post Utme Nile University 2024 Accounting Question 10. It is one of the objective questions from the 2024 Post Utme Nile University Accounting examination.

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