Post Utme Bsu 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Bsu Accounting examination.

Post Utme Bsu 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_BSU • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦50,000. If the company's profit and loss account shows a net profit of ₦70,000, and the company's balance sheet shows a net worth of ₦200,000, what is the amount of dividends paid to shareholders?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Bsu 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Bsu Accounting examination.

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