Post Utme Achievers University 2022 Accounting Question 30
Practice objective / multiple choice question 30 from the 2022 Post Utme Achievers University Accounting examination.
A company uses the double-entry system of accounting. The trial balance shows the following balances: Accounts Payable: ₦120,000, Sales Revenue: ₦150,000, Cost of Goods Sold: ₦80,000, and Common Stock: ₦100,000. What is the net income of the company?
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This is Post Utme Achievers University 2022 Accounting Question 30. It is one of the objective questions from the 2022 Post Utme Achievers University Accounting examination.
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