Post Utme Delsu 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Delsu Accounting examination.

Post Utme Delsu 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_DELSU • 2017 • ACCOUNTING • objective

A company's trading account shows a profit of ₦1,350. The profit and loss account shows a profit of ₦1,350.50. What is the correct balance of the profit and loss account?

Answer Options

Correct Answer A. ₦1,350.50
B. ₦1,350.00
C. ₦1,349.50
D. ₦1,349.00
Correct Answer
A
Correct Option:
₦1,350.50

About This Question

This is Post Utme Delsu 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Delsu Accounting examination.

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