Post Utme Mountain Top University 2020 Accounting Question 18
Practice objective / multiple choice question 18 from the 2020 Post Utme Mountain Top University Accounting examination.
A company's trading account for the year ended 31st December 2020 is as follows: Debit: ₠ 1,50,000 ₠ 2,00,000 ₠ 1,20,000 ₠ 50,000 ₠ 30,000 ₠ 20,000 ₠ 10,000 ₠ 5,000 Total Debit: ₠ 4,75,000 Credit: ₠ 3,00,000 ₠ 1,50,000 ₠ 1,20,000 ₠ 50,000 ₠ 30,000 ₠ 20,000 ₠ 10,000 ₠ 5,000 Total Credit: ₠ 4,75,000 What is the profit or loss for the year?
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About This Question
This is Post Utme Mountain Top University 2020 Accounting Question 18. It is one of the objective questions from the 2020 Post Utme Mountain Top University Accounting examination.
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