Post Utme Osustech 2021 Accounting Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Osustech Accounting examination.
A company's trial balance shows the following balances: Accounts Payable ₦1,500,000, Accounts Receivable ₦2,000,000, Common Stock ₦5,000,000, and Retained Earnings ₦3,000,000. If the company's total assets are ₦15,000,000 and its total liabilities are ₦8,000,000, what is the company's total equity?
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About This Question
This is Post Utme Osustech 2021 Accounting Question 26. It is one of the objective questions from the 2021 Post Utme Osustech Accounting examination.
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