Post Utme Uniport 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Uniport Accounting examination.

Post Utme Uniport 2023 Accounting Objective / Multiple Choice

Question 24 POST_UTME_UNIPORT • 2023 • ACCOUNTING • objective

A company's balance sheet shows a capital of ₦1,00,000, reserves of ₦0,50,000 and accumulated profits of ₦1,00,000. Calculate the total amount of shareholders' funds.

Answer Options

A. ₡2,50,000

Correct Answer B. ₡3,00,000

C. ₡3,50,000

D. ₡4,00,000

Correct Answer

Correct Option:

₡3,00,000

About This Question

This is Post Utme Uniport 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Uniport Accounting examination.

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