Post Utme Abu 2017 Accounting Question 25
Practice objective / multiple choice question 25 from the 2017 Post Utme Abu Accounting examination.
A company uses the double entry system to record its transactions. The company's ledger shows a debit balance of ₦100,000 in the account 'Sales' and a credit balance of ₦80,000 in the account 'Purchases'. What is the company's net profit for the year?
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About This Question
This is Post Utme Abu 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.
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