Post Utme Ui 2018 Accounting Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UI • 2018 • ACCOUNTING • objective

A company has the following financial statements: Trading Profit: ₦50,000, Profit Before Tax: ₦60,000, Tax Expense: ₦10,000. What is the correct net income?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Ui 2018 Accounting Question 34. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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