Post Utme Pan Atlantic University 2018 Accounting Question 34
Practice objective / multiple choice question 34 from the 2018 Post Utme Pan Atlantic University Accounting examination.
A company's trading account for the year ended 31st December 2018 shows a profit of ₦1,500,000. The balance on the profit and loss account is ₦500,000. The balance on the retained earnings account is ₦750,000. What is the balance on the capital account?
Answer Options
About This Question
This is Post Utme Pan Atlantic University 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.