Post Utme Igbinedion University 2024 Accounting Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Igbinedion University Accounting examination.
A company's trading account for the year ended 31st December, 2023, showed a profit of ₦500,000. The company's balance sheet as at 31st December, 2022, showed a capital of ₦1,000,000. The company's drawings for the year were ₦200,000. Calculate the company's profit for the year ended 31st December, 2023.
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This is Post Utme Igbinedion University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Igbinedion University Accounting examination.
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