Post Utme Esut 2018 Accounting Question 25

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

Post Utme Esut 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2018 • ACCOUNTING • objective

A company has a departmental account for the manufacturing department. The department incurred expenses of ₦ 50,000 and earned revenue of ₦ 100,000. Calculate the profit or loss of the department.

Answer Options

Correct Answer A. Profit of ₦ 50,000
B. Loss of ₦ 50,000
C. Profit of ₦ 50,000
D. Loss of ₦ 50,000
Correct Answer
A
Correct Option:
Profit of ₦ 50,000

About This Question

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

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