Post Utme Lead City University 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's departmental accounts show a profit of ₦30,000 in the sales department and a loss of ₦20,000 in the production department. What is the overall profit or loss of the company?

Answer Options

Correct Answer A. Profit of ₦10,000
B. Loss of ₦10,000
C. Profit of ₦50,000
D. Loss of ₦50,000
Correct Answer
A
Correct Option:
Profit of ₦10,000

About This Question

This is Post Utme Lead City University 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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