Post Utme Oau 2020 Accounting Question 11
Practice objective / multiple choice question 11 from the 2020 Post Utme Oau Accounting examination.
A company's trading account for the year ended 31st December 2020 shows a profit of ₦500,000. The company's balance sheet at the beginning of the year showed a capital of ₦1,000,000. The company's drawings for the year were ₦200,000. What is the company's capital at the end of the year?
Answer Options
About This Question
This is Post Utme Oau 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.