Post Utme Bsu 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Bsu Accounting examination.

Post Utme Bsu 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_BSU • 2020 • ACCOUNTING • objective

A company has a profit and loss account as follows: ₦100,000 in sales, ₦50,000 in cost of goods sold, ₦20,000 in operating expenses, and ₦10,000 in interest expense. If the company has a net income of ₦30,000, calculate the amount of operating expenses.

Answer Options

A. ₦10,000
B. ₦20,000
Correct Answer C. ₦30,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Bsu 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Bsu Accounting examination.

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