Post Utme Ims U 2024 Accounting Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Ims U Accounting examination.

Post Utme Ims U 2024 Accounting Objective / Multiple Choice
Question 8 POST_UTME_IMS_U • 2024 • ACCOUNTING • objective

A company has a trading profit of ₦500,000 and a non-trading income of ₦200,000. Calculate the total profit for the year.

Answer Options

A. ₦700,000
B. ₦800,000
C. ₦900,000
Correct Answer D. ₦1,000,000
Correct Answer
D
Correct Option:
₦1,000,000

About This Question

This is Post Utme Ims U 2024 Accounting Question 8. It is one of the objective questions from the 2024 Post Utme Ims U Accounting examination.

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