Post Utme Summit University 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's profit and loss account shows a profit of ₦150,000. However, the company's balance sheet shows a decrease in retained earnings of ₦100,000. What is the amount of the company's dividends paid?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Summit University Accounting examination.

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