Post Utme Lasu 2017 Accounting Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Lasu Accounting examination.

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 8 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A company prepares its final accounts for the year ended 31st December 2022. The trading account shows a profit of ₦150,000, and the profit and loss account shows a profit of ₦200,000. What is the total profit for the year?

Answer Options

A. ₦350,000
B. ₦400,000
C. ₦450,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Lasu 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Lasu Accounting examination.

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