Post Utme Bowen University 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_BOWEN_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2024 is as follows: Gross Profit ₦1,200,000, Operating Expenses ₦800,000. Calculate the net profit.

Answer Options

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

About This Question

This is Post Utme Bowen University 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Bowen University Accounting examination.

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