Post Utme Christopher University 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2023 shows a profit of ₦500,000. The company's profit and loss account for the same period shows a net profit of ₦750,000. What is the amount of the company's non-trading income?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Christopher University 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Christopher University Accounting examination.

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