Post Utme Uniport 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Uniport Accounting examination.

Post Utme Uniport 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNIPORT • 2023 • ACCOUNTING • objective

A company's profit and loss account shows a trading profit of ₦1,00,000, a non-trading income of ₦0,50,000 and a non-trading expense of ₦0,25,000. Calculate the net profit for the year.

Answer Options

A. ₡1,75,000
Correct Answer B. ₡2,00,000
C. ₡2,25,000
D. ₡2,50,000
Correct Answer
B
Correct Option:
₡2,00,000

About This Question

This is Post Utme Uniport 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Uniport Accounting examination.

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