Post Utme Pan Atlantic University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. The company's profit and loss account shows a profit of ₦250,000. What is the reason for the difference?

Answer Options

A. Depreciation
B. Interest on loans
C. Dividends paid
Correct Answer D. Taxation
Correct Answer
D
Correct Option:
Taxation

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

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