Post Utme Christopher University 2023 Accounting Question 24
Practice objective / multiple choice question 24 from the 2023 Post Utme Christopher University Accounting examination.
A company's income statement for the year ended 31st December 2022 is as follows: Sales: ₦80,000 ₦40,000 ₦60,000 Cost of Goods Sold: ₦120,000 ₦90,000 ₦80,000 Gross Profit: ₦40,000 ₦20,000 ₦30,000 Operating Expenses: ₦30,000 ₦25,000 ₦15,000 Net Income: ₦10,000 ₦5,000 ₦10,000 Identify the type of account that is not a revenue account.
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This is Post Utme Christopher University 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Christopher University Accounting examination.
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