Post Utme Lautech 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A company's trading account shows a profit of ₦150,000. The company's profit and loss account shows a net profit of ₦180,000. What is the correct amount of the company's balance sheet?

Answer Options

A. ₦330,000
B. ₦350,000
Correct Answer C. ₦370,000
D. ₦390,000
Correct Answer
C
Correct Option:
₦370,000

About This Question

This is Post Utme Lautech 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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