Post Utme Abu 2021 Accounting Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 29 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A company's manufacturing account showed a cost of goods manufactured of ₦400,000 and a cost of goods sold of ₦350,000. What is the gross profit?

Answer Options

A. ₦40,000
B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
N/A

About This Question

This is Post Utme Abu 2021 Accounting Question 29. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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