Post Utme Christopher University 2025 Accounting Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2025 Accounting Objective / Multiple Choice
Question 28 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2024 is as follows: Sales 100,000, Purchases 80,000, Returns outwards 5,000, Returns inwards 2,000. Calculate the gross profit for the year.

Answer Options

A. ₦15,000
B. ₦20,000
Correct Answer C. ₦25,000
D. ₦30,000
Correct Answer
C
Correct Option:
₦25,000

About This Question

This is Post Utme Christopher University 2025 Accounting Question 28. It is one of the objective questions from the 2025 Post Utme Christopher University Accounting examination.

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