Post Utme Abu 2019 Accounting Question 33
Practice objective / multiple choice question 33 from the 2019 Post Utme Abu Accounting examination.
A company has the following ledger balances: Debit: ₦10,000 for rent ₦5,000 for electricity ₦3,000 for water ₦2,000 for office supplies ₦1,000 for postage Credit: ₦15,000 for sales ₦8,000 for purchases ₦4,000 for wages ₦2,000 for dividends Determine the net profit or loss for the year.
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About This Question
This is Post Utme Abu 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Abu Accounting examination.
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