Post Utme Lasu 2020 Accounting Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Lasu Accounting examination.

Post Utme Lasu 2020 Accounting Objective / Multiple Choice
Question 5 POST_UTME_LASU • 2020 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2020 is as follows: Prime Cost: ₦1,200,000 Overheads: ₦1,500,000 Determine the company's net loss for the year.

Answer Options

A. ₦300,000
B. ₦400,000
C. ₦500,000
Correct Answer D. ₦600,000
Correct Answer
D
Correct Option:
₦600,000

About This Question

This is Post Utme Lasu 2020 Accounting Question 5. It is one of the objective questions from the 2020 Post Utme Lasu Accounting examination.

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