Post Utme Coal City University 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's trading account shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Sales | 10,000 | | | 2 Jan | Purchases | | 8,000 | | 3 Jan | Sales | | 2,000 | | 4 Jan | Purchases | | 1,000 | What is the gross profit?

Answer Options

A. ₦2,000
Correct Answer B. ₦3,000
C. ₦4,000
D. ₦5,000
Correct Answer
B
Correct Option:
₦3,000

About This Question

This is Post Utme Coal City University 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Coal City University Accounting examination.

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