Post Utme Uniben 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Uniben Accounting examination.

Post Utme Uniben 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNIBEN • 2021 • ACCOUNTING • objective

A company's trading account shows a profit of ₦100,000. However, the profit and loss account shows a loss of ₦50,000. What is the correct net profit or loss of the company?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦0
Correct Answer
D
Correct Option:
₦0

About This Question

This is Post Utme Uniben 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Uniben Accounting examination.

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