Post Utme Babcock University 2025 Accounting Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2025 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following ledger accounts: Cash ₦100,000, Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. What is the company's net income?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Babcock University 2025 Accounting Question 27. It is one of the objective questions from the 2025 Post Utme Babcock University Accounting examination.

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