Post Utme Noun 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A company's trading account for the year shows a profit of ₦150,000. The company's profit and loss account shows a profit of ₦180,000. Calculate the company's net profit for the year.

Answer Options

A. ₦150,000
B. ₦180,000
Correct Answer C. ₦220,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦220,000

About This Question

This is Post Utme Noun 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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