Post Utme Madonna University 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_MADONNA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trading account for the year shows a profit of ₦200,000. The company's profit and loss account shows a net profit of ₦250,000. If the company's balance sheet shows a net worth of ₦500,000, what is the amount of dividends paid to shareholders?

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Madonna University 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Madonna University Accounting examination.

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