Post Utme Afe Babalola University 2022 Accounting Question 4
Practice objective / multiple choice question 4 from the 2022 Post Utme Afe Babalola University Accounting examination.
A company's trading account shows a profit of ₦200,000. The company's profit and loss account shows a net profit of ₦250,000. The difference can be attributed to the following reasons: A) Interest on drawings of ₦20,000, B) Depreciation of ₦30,000, C) Provision for taxation of ₦20,000, D) Provision for doubtful debts of ₦30,000.
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This is Post Utme Afe Babalola University 2022 Accounting Question 4. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.
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