Post Utme Uniben 2020 Accounting Question 30
Practice objective / multiple choice question 30 from the 2020 Post Utme Uniben Accounting examination.
A company has the following balance sheet: Assets ₦500,000, Liabilities ₦200,000, Capital ₦300,000. If the company makes a profit of ₦50,000, what is the new balance on the Capital account?
Answer Options
About This Question
This is Post Utme Uniben 2020 Accounting Question 30. It is one of the objective questions from the 2020 Post Utme Uniben Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.