Post Utme Abu 2024 Accounting Question 5
Practice objective / multiple choice question 5 from the 2024 Post Utme Abu Accounting examination.
A company has the following accounts: Sales, Cost of Goods Sold, and Gross Profit. The Sales account has a balance of ₦200,000 and the Cost of Goods Sold account has a balance of ₦120,000. Calculate the Gross Profit of the company.
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About This Question
This is Post Utme Abu 2024 Accounting Question 5. It is one of the objective questions from the 2024 Post Utme Abu Accounting examination.
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