Post Utme Ims U 2019 Accounting Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Ims U Accounting examination.

Post Utme Ims U 2019 Accounting Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2019 • ACCOUNTING • objective
SHARED STIMULUS
₦150,000, ₦50,000, ₦100,000

A company's profit and loss account as at 31st December, 2022, showed the following balances: ₦150,000, ₦50,000, ₦100,000. What is the company's profit?

Answer Options

Correct Answer A. ₦100,000
B. ₦120,000
C. ₦150,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Ims U 2019 Accounting Question 9. It is one of the objective questions from the 2019 Post Utme Ims U Accounting examination.

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