Post Utme Unn 2018 Accounting Question 6
Practice objective / multiple choice question 6 from the 2018 Post Utme Unn Accounting examination.
A company's accounting records show the following transactions for the year ended December 31, 2018: Cash: ₦100,000; Sales: ₦500,000; Purchases: ₦300,000; Wages: ₦150,000; Rent: ₦50,000; Depreciation: ₦20,000; Interest on Bank Loan: ₦10,000; Bank Loan: ₦50,000; Drawings: ₦20,000. Prepare the Trading and Profit and Loss Account for the year ended December 31, 2018.
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About This Question
This is Post Utme Unn 2018 Accounting Question 6. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.
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