Post Utme Eksu 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Eksu Accounting examination.

Post Utme Eksu 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_EKSU • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦100,000. The profit and loss account shows a net profit of ₦120,000. The balance sheet shows a net worth of ₦180,000. What is the correct balance in the profit and loss account?

Answer Options

A. ₦100,000
B. ₦120,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Eksu 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Eksu Accounting examination.

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