Post Utme Bsu 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 is as follows: Debit: Sales: ₦500,000 Cost of Goods Sold: ₦300,000 Credit: Purchases: ₦400,000 What is the company's net profit for the year?

Answer Options

Correct Answer A. ₦100,000
B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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