Post Utme Uniben 2019 Accounting Question 15
Practice objective / multiple choice question 15 from the 2019 Post Utme Uniben Accounting examination.
A company's financial statements for the year ended December 31, 2018, showed a net profit of ₦1,500,000. The company's retained earnings as at December 31, 2017, were ₦800,000. If the company's dividend paid to shareholders was ₦200,000, what was the company's retained earnings as at December 31, 2018?
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About This Question
This is Post Utme Uniben 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Uniben Accounting examination.
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