Post Utme Rsu 2019 Accounting Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 33 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. The company's profit and loss account shows a net profit of ₦250,000. The company's balance sheet shows a total equity of ₦500,000. Prepare the company's statement of profit or loss and the statement of changes in equity.

Answer Options

A. ₦300,000
Correct Answer B. ₦350,000
C. ₦400,000
D. ₦450,000
Correct Answer
B
Correct Option:
₦350,000

About This Question

This is Post Utme Rsu 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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