Post Utme Delsu 2021 Accounting Question 6
Practice objective / multiple choice question 6 from the 2021 Post Utme Delsu Accounting examination.
A company uses the single entry system of accounting. The following transactions occurred during the year: Deposits: ₦50,000, ₦20,000, ₦15,000 Withdrawals: ₦30,000, ₦12,000 Sales: ₦80,000, ₦25,000 Cost of Goods Sold: ₦40,000, ₦18,000 Determine the net profit or loss for the year.
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About This Question
This is Post Utme Delsu 2021 Accounting Question 6. It is one of the objective questions from the 2021 Post Utme Delsu Accounting examination.
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