Post Utme Caleb University 2018 Accounting Question 6
Practice objective / multiple choice question 6 from the 2018 Post Utme Caleb University Accounting examination.
A company's trading account for the year ended 31st December 2022 is as follows: Debit: Sales: ₦1,500,000 Purchases: ₦1,200,000 Returns inwards: ₦20,000 Returns outwards: ₦30,000 Carriage inwards: ₦40,000 Carriage outwards: ₦20,000 Credit: Discount received: ₦10,000 Discount allowed: ₦15,000 What is the gross profit for the year?
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This is Post Utme Caleb University 2018 Accounting Question 6. It is one of the objective questions from the 2018 Post Utme Caleb University Accounting examination.
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