Post Utme Al Hikmah University 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trading account shows a profit of ₦1,500,000. The profit and loss account shows a profit of ₦2,000,000. The balance sheet shows a net worth of ₦4,500,000. What is the amount of dividends paid to shareholders?

Answer Options

A. ₦1,000,000
B. ₦1,500,000
C. ₦2,000,000
Correct Answer D. ₦3,000,000
Correct Answer
D
Correct Option:
₦3,000,000

About This Question

This is Post Utme Al Hikmah University 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Accounting examination.

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