Post Utme Covenant University 2019 Accounting Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 33 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's trading account for the year ended December 31, 2022, shows the following: Sales: ₦500,000 Cost of Goods Sold: ₦300,000 What is the gross profit?

Answer Options

Correct Answer A. ₦200,000
B. ₦200,000
C. ₦200,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Covenant University 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

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