Post Utme Skyline University 2018 Accounting Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2018 Accounting Objective / Multiple Choice
Question 29 POST_UTME_SKYLINE_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's balance sheet shows a current liability of ₦200,000. If the company's profit and loss account shows a net profit of ₦150,000, what is the amount available for dividend?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Skyline University 2018 Accounting Question 29. It is one of the objective questions from the 2018 Post Utme Skyline University Accounting examination.

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