Post Utme Unn 2019 Accounting Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 20X8 showed a profit of ₦1,500,000. The company's profit and loss account for the year ended 31st December 20X8 showed a profit of ₦2,000,000. What is the amount of the company's dividend paid to its shareholders?

Answer Options

A. ₦500,000
B. ₦750,000
Correct Answer C. ₦1,000,000
D. ₦1,250,000
Correct Answer
C
Correct Option:
₦1,000,000

About This Question

This is Post Utme Unn 2019 Accounting Question 7. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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