Post Utme Eksu 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Eksu Accounting examination.

Post Utme Eksu 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2022 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 showed a profit of ₦120,000. The company's profit and loss account showed a net profit of ₦150,000. The difference was due to a non-trading income of ₦30,000. Calculate the company's net profit.

Answer Options

A. ₦180,000
B. ₦190,000
Correct Answer C. ₦200,000
D. ₦210,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Eksu 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Eksu Accounting examination.

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