Post Utme Covenant University 2025 Accounting Question 16
Practice objective / multiple choice question 16 from the 2025 Post Utme Covenant University Accounting examination.
A company's trading account for the year ended 31 December 20X7 is as follows: | Particulars | Debit | Credit | | --- | --- | --- | | Sales | ₦500,000 | | | Purchases | | ₦300,000 | | Returns Outwards | ₦20,000 | | | Returns Inwards | | ₦15,000 | | Carriage Inwards | | ₦10,000 | | Carriage Outwards | ₦5,000 | | What is the net profit for the year?
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This is Post Utme Covenant University 2025 Accounting Question 16. It is one of the objective questions from the 2025 Post Utme Covenant University Accounting examination.
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