Post Utme Christopher University 2025 Accounting Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2025 Accounting Objective / Multiple Choice
Question 18 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trading account shows a profit of ₦80,000. The company's profit and loss account shows a net profit of ₦120,000. What is the company's net worth?

Answer Options

A. ₦200,000
Correct Answer B. ₦220,000
C. ₦240,000
D. ₦260,000
Correct Answer
B
Correct Option:
₦220,000

About This Question

This is Post Utme Christopher University 2025 Accounting Question 18. It is one of the objective questions from the 2025 Post Utme Christopher University Accounting examination.

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