Post Utme Lasu 2019 Accounting Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Lasu Accounting examination.

Post Utme Lasu 2019 Accounting Objective / Multiple Choice
Question 28 POST_UTME_LASU • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. The company's profit and loss account shows a net profit of ₦250,000. What is the difference between the two profits?

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Lasu 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Lasu Accounting examination.

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