Post Utme Ui 2019 Accounting Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Ui Accounting examination.

Post Utme Ui 2019 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UI • 2019 • ACCOUNTING • objective

A company's trading account shows a profit of ₦200,000. However, the profit and loss account shows a loss of ₦50,000. What is the net result?

Answer Options

Correct Answer A. ₦150,000
B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦150,000

About This Question

This is Post Utme Ui 2019 Accounting Question 29. It is one of the objective questions from the 2019 Post Utme Ui Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support