Post Utme Eksu 2017 Accounting Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 5 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2017 is as follows: Trading Profit £ 50,000 Non-Trading Income £ 20,000 Total Profit £ 70,000 What is the amount of tax paid?

Answer Options

A. £ 10,000
B. £ 15,000
Correct Answer C. £ 20,000
D. £ 25,000
Correct Answer
C
Correct Option:
£ 20,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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