Post Utme Crawford University 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2020 is as follows: Sales: ₦1,500,000; Purchases: ₦1,200,000. Calculate the gross profit for the year.

Answer Options

Correct Answer A. ₦300,000
B. ₦300,000
C. ₦300,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Crawford University 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Crawford University Accounting examination.

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