Post Utme Redeemers University 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's balance sheet as at 31st December 2018 shows a total of ₦300,000 in the non-current assets section. The company's profit and loss account for the same period shows a net loss of ₦100,000. What is the amount of the company's provision for doubtful debts?

Answer Options

A. ₦10,000
B. ₦20,000
Correct Answer C. ₦30,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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