Post Utme Uniport 2019 Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Uniport Accounting examination.
A company's trading account for the year ended December 31, 2022, shows a profit of ₦120,000. The company's balance sheet as at December 31, 2022, shows a current liability of ₦80,000 and a non-current liability of ₦150,000. Determine the company's net profit for the year.
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About This Question
This is Post Utme Uniport 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Uniport Accounting examination.
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