Post Utme Osustech 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Osustech Accounting examination.

Post Utme Osustech 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_OSUSTECH • 2018 • ACCOUNTING • objective

A company's financial statements show the following information: Net Income ₦100,000, Retained Earnings ₦200,000, and Dividends ₦50,000. What is the company's total equity?

Answer Options

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

About This Question

This is Post Utme Osustech 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Osustech Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support