Post Utme Abu 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A company's manufacturing account showed a cost of goods manufactured of ₦200,000 and a cost of goods sold of ₦180,000. What is the gross profit?

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Abu 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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