Post Utme Aaua 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Aaua Accounting examination.

Post Utme Aaua 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_AAUA • 2018 • ACCOUNTING • objective

A company's income statement as at 31st December, 2022 is as follows: Revenue: ₦ 80,000 Sales Revenue Expenses: ₦ 40,000 Cost of Goods Sold ₦ 50,000 Salaries Expense What is the net income of the company?

Answer Options

A. ₦ 30,000
B. ₦ 40,000
C. ₦ 50,000
Correct Answer D. ₦ 60,000
Correct Answer
D
Correct Option:
₦ 60,000

About This Question

This is Post Utme Aaua 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Aaua Accounting examination.

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