Post Utme Eksu 2020 Accounting Question 9
Practice objective / multiple choice question 9 from the 2020 Post Utme Eksu Accounting examination.
A company has the following ledger accounts: Sales, Cost of Goods Sold, and Gross Profit. The company's trial balance shows a debit balance of ₦500,000 in the Sales account and a credit balance of ₦300,000 in the Cost of Goods Sold account. What is the balance in the Gross Profit account?
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About This Question
This is Post Utme Eksu 2020 Accounting Question 9. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.
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