Post Utme Achievers University 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following incomplete records: Purchases ₦100,000, Sales ₦200,000, and Drawings ₦50,000. Prepare a statement of profit or loss.

Answer Options

Correct Answer A. Profit ₦50,000
B. Profit ₦100,000
C. Loss ₦50,000
D. Loss ₦100,000
Correct Answer
A
Correct Option:
Profit ₦50,000

About This Question

This is Post Utme Achievers University 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Achievers University Accounting examination.

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