Post Utme Delsu 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Delsu Accounting examination.

Post Utme Delsu 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_DELSU • 2020 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2020 is as follows: Cost of goods manufactured: ₦ 100,000, Cost of goods sold: ₦ 120,000. What is the profit?

Answer Options

Correct Answer A. ₦ 20,000
B. ₦ 10,000
C. ₦ 30,000
D. ₦ 40,000
Correct Answer
A
Correct Option:
₦ 20,000

About This Question

This is Post Utme Delsu 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Delsu Accounting examination.

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