Post Utme Afe Babalola University 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trading account shows the following information: | Sales | ₦ | Cost of Goods Sold | ₦ | | --- | --- | --- | --- | | ₦150,000 | | ₦100,000 | | What is the company's gross profit?

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Afe Babalola University 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.

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