WAEC Accounting 2018 Objective — Question 47
Question 47 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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Equity holders fund is
- A. Le112,471
- B. Le111,834
- C. Le101,142Correct
- D. Le70,000
Explanation
Equity holders' fund = Ordinary share capital + Retained earnings = 70,000+31,142 = Le101,142.
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