Post Utme Summit University 2021 Accounting Question 20
Practice objective / multiple choice question 20 from the 2021 Post Utme Summit University Accounting examination.
A company prepares a trading account, which shows a profit of ₦50,000. The profit is then transferred to the profit and loss account, which shows a net profit of ₦100,000. What is the correct balance in the balance sheet?
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About This Question
This is Post Utme Summit University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Summit University Accounting examination.
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