Post Utme Redeemers University 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2018 Accounting Objective / Multiple Choice
Question 23 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trading account shows a profit of ₦50,000. The company's profit and loss account shows a net profit of ₦70,000. What is the amount of the company's non-trading income?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Redeemers University Accounting examination.

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