Post Utme Osustech 2024 Accounting Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Osustech Accounting examination.

Post Utme Osustech 2024 Accounting Objective / Multiple Choice

Question 5 POST_UTME_OSUSTECH • 2024 • ACCOUNTING • objective

A company's financial statements for the year ended December 31, 2023, show the following: Net Income ₦200,000, Dividends ₦50,000, and Retained Earnings ₦150,000. Prepare the statement of changes in equity.

Answer Options

A. ₦300,000

B. ₦400,000

Correct Answer C. ₦500,000

D. ₦600,000

Correct Answer

Correct Option:

₦500,000

About This Question

This is Post Utme Osustech 2024 Accounting Question 5. It is one of the objective questions from the 2024 Post Utme Osustech Accounting examination.

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