Post Utme Unilorin 2025 Accounting Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

A company's trading account shows a profit of 50,000. If the company's capital accounts are 100,000 and the drawings of the partners are 20,000, what is the net profit?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 40. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

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