Post Utme Oau 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company has the following trial balance: Assets ₦500,000, Liabilities ₦300,000, Capital ₦100,000. Calculate the net profit for the year.

Answer Options

A. ₦100,000
B. ₦200,000
Correct Answer C. ₦300,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Oau 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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