Post Utme Coal City University 2019 Accounting Question 20
Practice objective / multiple choice question 20 from the 2019 Post Utme Coal City University Accounting examination.
A company uses the double-entry system of accounting. The trial balance shows the following balances: Accounts Payable 10,000, Accounts Receivable 8,000, Common Stock 50,000, Dividends 5,000, Retained Earnings 20,000, Sales Revenue 80,000, and Wages Expense 30,000. What is the net income of the company?
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This is Post Utme Coal City University 2019 Accounting Question 20. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.
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