Post Utme Bells University 2023 Accounting Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Bells University Accounting examination.

Post Utme Bells University 2023 Accounting Objective / Multiple Choice
Question 19 POST_UTME_BELLS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's income statement for the year ended December 31, 2022, is as follows: Sales ₦1,500,000, Cost of Goods Sold ₦900,000, Gross Profit ₦600,000, Operating Expenses ₦200,000, and Net Income ₦400,000. Prepare a cash flow statement.

Answer Options

Correct Answer A. ₦1,000,000
B. ₦1,200,000
C. ₦1,300,000
D. ₦1,400,000
Correct Answer
A
Correct Option:
₦1,000,000

About This Question

This is Post Utme Bells University 2023 Accounting Question 19. It is one of the objective questions from the 2023 Post Utme Bells University Accounting examination.

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