Post Utme Delsu 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Delsu Accounting examination.

Post Utme Delsu 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_DELSU • 2021 • ACCOUNTING • objective

A company's trading account for the year ended 31st Dec is as follows: | Particulars | ₦ | ₦ | | --- | --- | --- | | Sales | 200,000 | | | Purchases | | 150,000 | | Wages | 20,000 | | | Rent | | 10,000 | Determine the gross profit for the year.

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Delsu 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.

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