Post Utme Summit University 2022 Accounting Question 7
Practice objective / multiple choice question 7 from the 2022 Post Utme Summit University Accounting examination.
A company's trading account shows a profit of ₦50,000. The profit and loss account shows a net profit of ₦75,000. The balance sheet shows a decrease in stock of ₦20,000. What is the correct amount of retained earnings?
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About This Question
This is Post Utme Summit University 2022 Accounting Question 7. It is one of the objective questions from the 2022 Post Utme Summit University Accounting examination.
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