Post Utme Esut 2019 Accounting Question 40
Practice objective / multiple choice question 40 from the 2019 Post Utme Esut Accounting examination.
A company's profit and loss account for the year ended 31st December 2018 showed a net profit of ₦1,200,000. The company's balance sheet as at 31st December 2018 showed a capital of ₦1,500,000 and a reserve of ₦800,000. What is the amount of the company's profit after tax?
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About This Question
This is Post Utme Esut 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Esut Accounting examination.
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