Post Utme Bells University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Bells University Accounting examination.

Post Utme Bells University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_BELLS_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2022 is as follows: Gross Profit: ₦1,200,000; Operating Expenses: ₦800,000. Calculate the net profit for the year.

Answer Options

A. ₦400,000
B. ₦500,000
Correct Answer C. ₦600,000
D. ₦700,000
Correct Answer
C
Correct Option:
₦600,000

About This Question

This is Post Utme Bells University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Bells University Accounting examination.

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