Post Utme Afe Babalola University 2025 Accounting Question 13
Practice objective / multiple choice question 13 from the 2025 Post Utme Afe Babalola University Accounting examination.
A company uses the single-entry system to record its transactions. The company's journal entries for the year are as follows: Debit Cash ₦100,000, Debit Accounts Payable ₦50,000, Credit Sales Revenue ₦1,500,000, and Credit Wages Expense ₦150,000. What is the net income of the company?
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This is Post Utme Afe Babalola University 2025 Accounting Question 13. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Accounting examination.
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