Post Utme Skyline University 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's financial statements for the year ended 31st December 2022, show the following balances: Share Capital ₦100,000, Retained Earnings ₦50,000, and Dividends ₦20,000. What is the total equity of the company?

Answer Options

Correct Answer A. ₦170,000
B. ₦150,000
C. ₦170,000
D. ₦170,000
Correct Answer
A
Correct Option:
₦170,000

About This Question

This is Post Utme Skyline University 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Skyline University Accounting examination.

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