Post Utme Lautech 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LAUTECH • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦150,000. Its profit and loss account shows a loss of ₦50,000. Calculate the company's net profit.

Answer Options

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

About This Question

This is Post Utme Lautech 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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