Post Utme Aaua 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Aaua Accounting examination.

Post Utme Aaua 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AAUA • 2018 • ACCOUNTING • objective

A company's ledger shows the following balances: Accounts Receivable ₦150,000, Sales Revenue ₦600,000, and Cost of Goods Sold ₦250,000. What is the company's net income?

Answer Options

Correct Answer A. ₦350,000
B. ₦250,000
C. ₦150,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦350,000

About This Question

This is Post Utme Aaua 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.

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