Post Utme Rsu 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Rsu Accounting examination.

Post Utme Rsu 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_RSU • 2018 • ACCOUNTING • objective

A company uses the following accounting equation: Assets = Capital + Profit If the company's assets are ₦500,000 and its capital is ₦200,000, what is the amount of profit?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Rsu 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Rsu Accounting examination.

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