Post Utme Delsu 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Delsu Accounting examination.

Post Utme Delsu 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_DELSU • 2025 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Sales: ₦100,000, Cost of goods sold: ₦80,000. What is the gross profit?

Answer Options

Correct Answer A. ₦20,000
B. ₦20,000 (Gross profit)
C. ₦20,000 (Loss)
D. ₦20,000 (Error)
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Delsu 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Delsu Accounting examination.

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