Post Utme Bells University 2019 Accounting Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Bells University Accounting examination.

Post Utme Bells University 2019 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BELLS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. The profit and loss account shows a loss of ₦50,000. The balance sheet shows a decrease in stock of ₦30,000. Calculate the net profit.

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦220,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Bells University 2019 Accounting Question 18. It is one of the objective questions from the 2019 Post Utme Bells University Accounting examination.

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