Post Utme Caleb University 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_CALEB_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2022 is as follows: Trading profit: ₦200,000; Interest: ₦50,000. Calculate the company's net profit.

Answer Options

A. ₦250,000
B. ₦250,000
C. ₦250,000
Correct Answer D. ₦250,000
Correct Answer
D
Correct Option:
₦250,000

About This Question

This is Post Utme Caleb University 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Caleb University Accounting examination.

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