Post Utme Covenant University 2018 Accounting Question 25

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

Post Utme Covenant University 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_COVENANT_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦250,000. However, the company also has a non-trading income of ₦50,000. What is the company's total profit?

Answer Options

Correct Answer A. ₦300,000
B. ₦250,000
C. ₦200,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

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

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support