Post Utme Nile University 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Nile University Accounting examination.

Post Utme Nile University 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_NILE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company prepares its final accounts for the year ended 31st December 2024. The trading account shows a profit of ₦150,000. The profit and loss account shows a profit of ₦120,000. The balance sheet shows a capital of ₦200,000. Calculate the drawings of the proprietor.

Answer Options

Correct Answer A. ₦30,000
B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Nile University 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Nile University Accounting examination.

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