Post Utme Delsu 2019 Accounting Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice

Question 16 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 is as follows: Debit: Sundry debtors £ 12,000 Credit: Sundry creditors £ 8,000 What is the net effect of the above transactions on the company's profit?

Answer Options

Correct Answer A. £ 4,000

B. £ 8,000

C. £ 12,000

D. £ 16,000

Correct Answer

Correct Option:

£ 4,000

About This Question

This is Post Utme Delsu 2019 Accounting Question 16. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

View More Post Utme Delsu 2019 Accounting Questions More Post Utme Delsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support