Post Utme Unilorin 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_UNILORIN • 2019 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2022 is as follows: Equity: ₦1,500,000; Liabilities: ₦2,000,000. Calculate the company's capital.

Answer Options

A. ₦500,000
B. ₦750,000
C. ₦1,000,000
Correct Answer D. ₦1,500,000
Correct Answer
D
Correct Option:
₦1,500,000

About This Question

This is Post Utme Unilorin 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.

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