Post Utme Ksu 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Ksu Accounting examination.

Post Utme Ksu 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_KSU • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦1,500,000. However, the company's profit before tax is ₦2,000,000. What is the amount of the company's tax expense?

Answer Options

A. ₦250,000
Correct Answer B. ₦500,000
C. ₦750,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Ksu 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Ksu Accounting examination.

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