Post Utme Oau 2017 Accounting Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 31 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's trading account shows a profit of ₦250,000. However, the company's financial statements also indicate that the profit before tax is ₦300,000. What is the amount of the company's tax expense?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Oau 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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