Post Utme Summit University 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's income statement for the year ended December 31, 2024, is presented below. Prepare the company's statement of changes in equity for the year.

Answer Options

A. ₦1,000,000
B. ₦1,500,000
Correct Answer C. ₦2,000,000
D. ₦2,500,000
Correct Answer
C
Correct Option:
₦2,000,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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