Post Utme Bsu 2022 Accounting Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Bsu Accounting examination.

Post Utme Bsu 2022 Accounting Objective / Multiple Choice
Question 18 POST_UTME_BSU • 2022 • ACCOUNTING • objective

A company's trading account for the year ended 31st December shows the following: | Particulars | Debit | Credit | | --- | --- | --- | | Sales | ₦500,000 | | | Purchases | | ₦350,000 | | Returns Outwards | ₦20,000 | | | Returns Inwards | | ₦15,000 | What is the gross profit?

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Bsu 2022 Accounting Question 18. It is one of the objective questions from the 2022 Post Utme Bsu Accounting examination.

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