Post Utme Bowen University 2019 Accounting Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 19 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a departmental account that shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Sales | ₦1000 | | | 1/2 | Purchases | | ₦500 | | 1/3 | Wages | ₦200 | | | 1/4 | Rent | | ₦300 | What is the net profit of the department?

Answer Options

A. ₦200
B. ₦300
C. ₦400
Correct Answer D. ₦500
Correct Answer
D
Correct Option:
₦500

About This Question

This is Post Utme Bowen University 2019 Accounting Question 19. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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