Post Utme Nile University 2019 Accounting Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Nile University Accounting examination.

Post Utme Nile University 2019 Accounting Objective / Multiple Choice
Question 25 POST_UTME_NILE_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2022 is as follows: Trading Profit: ₦500,000 Interest: ₦100,000 Dividend: ₦50,000 Total Profit: ₦650,000 What is the company's net profit?

Answer Options

Correct Answer A. ₦650,000
B. ₦700,000
C. ₦750,000
D. ₦800,000
Correct Answer
A
Correct Option:
₦650,000

About This Question

This is Post Utme Nile University 2019 Accounting Question 25. It is one of the objective questions from the 2019 Post Utme Nile University Accounting examination.

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