Post Utme Aaua 2024 Accounting Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 19 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Accounts Payable ₦200,000, Accounts Receivable ₦150,000, and Sales Revenue ₦500,000. What is the company's net income?

Answer Options

A. ₦150,000
B. ₦200,000
C. ₦250,000
Correct Answer D. ₦300,000
Correct Answer
D
Correct Option:
₦300,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 19. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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