Post Utme Rhema University 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_RHEMA_UNIVERSITY • 2020 • ACCOUNTING • objective

The following are the Balance Sheet of ABC Ltd. as at 31st December 2020. Prepare the Trading and Profit and Loss Account for the year ended 31st December 2020.

Answer Options

A. ₦10,000,000
Correct Answer B. ₦15,000,000
C. ₦20,000,000
D. ₦25,000,000
Correct Answer
B
Correct Option:
₦15,000,000

About This Question

This is Post Utme Rhema University 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Rhema University Accounting examination.

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