Post Utme Veritas University 2018 Accounting Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2018 Accounting Objective / Multiple Choice
Question 23 POST_UTME_VERITAS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 20XX showed a profit of ₠ 150,000. The company also had a non-trading income of ₠ 20,000. Calculate the total profit for the year.

Answer Options

A. ₠ 170,000
B. ₠ 170,500
Correct Answer C. ₠ 171,000
D. ₠ 172,000
Correct Answer
C
Correct Option:
₠ 171,000

About This Question

This is Post Utme Veritas University 2018 Accounting Question 23. It is one of the objective questions from the 2018 Post Utme Veritas University Accounting examination.

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