Post Utme Christopher University 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 is as follows: Debtors: ₦150,000 Cash: ₦200,000 Sales: ₦500,000 Purchases: ₦300,000 Wages: ₦100,000 Rent: ₦50,000 Determine the company's profit for the year.

Answer Options

A. ₦50,000
B. ₦75,000
C. ₦100,000
Correct Answer D. ₦125,000
Correct Answer
D
Correct Option:
₦125,000

About This Question

This is Post Utme Christopher University 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Christopher University Accounting examination.

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