Post Utme Skyline University 2018 Accounting Question 13
Practice objective / multiple choice question 13 from the 2018 Post Utme Skyline University Accounting examination.
A company's profit and loss account for the year ended 31st December 2022, showed a profit of ₦150,000. The balance on the capital account was ₦200,000. The balance on the drawings account was ₦30,000. What is the balance on the profit and loss account after the appropriation?
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About This Question
This is Post Utme Skyline University 2018 Accounting Question 13. It is one of the objective questions from the 2018 Post Utme Skyline University Accounting examination.
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