Post Utme Rsu 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Rsu Accounting examination.

Post Utme Rsu 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_RSU • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. However, the profit and loss account shows a loss of ₦50,000. What is the reason for the difference?

Answer Options

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

About This Question

This is Post Utme Rsu 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Rsu Accounting examination.

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