Post Utme Coal City University 2023 Accounting Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2023 Accounting Objective / Multiple Choice
Question 5 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's financial statements for the year ended December 31, 2022, are as follows: Trading Profit ₦200,000, Profit Before Tax ₦250,000, and Tax Expense ₦50,000. Prepare the company's income statement for the year.

Answer Options

A. ₦300,000
B. ₦350,000
Correct Answer C. ₦400,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Coal City University 2023 Accounting Question 5. It is one of the objective questions from the 2023 Post Utme Coal City University Accounting examination.

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