Post Utme Futa 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Futa Accounting examination.

Post Utme Futa 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_FUTA • 2017 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. However, the profit and loss account shows a loss of ₦50,000. What is the correct net profit?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Futa 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Futa Accounting examination.

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