Post Utme Unilag 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

A company's single entry system shows a total of ₦ 50,000 as the total of all transactions for the year. The company's capital at the beginning of the year was ₦ 100,000. Calculate the company's capital at the end of the year.

Answer Options

A. ₦ 150,000
B. ₦ 200,000
Correct Answer C. ₦ 250,000
D. ₦ 300,000
Correct Answer
C
Correct Option:
₦ 250,000

About This Question

This is Post Utme Unilag 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

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