Post Utme Unilag 2017 Accounting Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Unilag Accounting examination.

Post Utme Unilag 2017 Accounting Objective / Multiple Choice
Question 13 POST_UTME_UNILAG • 2017 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 shows a profit of ₦150,000. The company's capital at the beginning of the year was ₦500,000 and at the end of the year was ₦650,000. Calculate the company's drawings for the year.

Answer Options

A. ₦100,000
B. ₦120,000
Correct Answer C. ₦150,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Unilag 2017 Accounting Question 13. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.

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