Post Utme Abu 2022 Accounting Question 3
Practice objective / multiple choice question 3 from the 2022 Post Utme Abu Accounting examination.
A company uses the self-balancing ledger system. The ledger shows the following balances: Sales Revenue: ₦500,000, Cost of Goods Sold: ₦300,000, and Common Stock: ₦200,000. What is the net income for the year?
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About This Question
This is Post Utme Abu 2022 Accounting Question 3. It is one of the objective questions from the 2022 Post Utme Abu Accounting examination.
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