Post Utme Bells University 2017 Accounting Question 33
Practice objective / multiple choice question 33 from the 2017 Post Utme Bells University Accounting examination.
A company's trading account for the year ended 31st December 2022 is as follows: | Particulars | ₦ | | --- | --- | | Sales | 1,500,000 | | Purchases | 1,200,000 | | Returns Outwards | 50,000 | | Returns Inwards | 20,000 | | Carriage Inwards | 30,000 | | Carriage Outwards | 20,000 | | Discount Allowed | 40,000 | | Discount Received | 10,000 | | | Net Sales | | | Net Purchases | | | Gross Profit | | Calculate the gross profit for the year.
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This is Post Utme Bells University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Bells University Accounting examination.
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