Post Utme Uniosun 2018 Accounting Question 35
Practice objective / multiple choice question 35 from the 2018 Post Utme Uniosun Accounting examination.
A company's balance sheet as at 31st December 2017 is as follows: | Assets | ₦ | Liabilities | ₦ | | --- | --- | --- | --- | | Cash | 10,000 | Bank Loan | 20,000 | | Debtors | 30,000 | Share Capital | 50,000 | | Stock | 40,000 | Retained Earnings | 10,000 | | Total | 80,000 | Total | 90,000 | What is the amount of the company's retained earnings?
Answer Options
About This Question
This is Post Utme Uniosun 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Uniosun Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.