Post Utme Eksu 2022 Accounting Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Eksu Accounting examination.

Post Utme Eksu 2022 Accounting Objective / Multiple Choice
Question 13 POST_UTME_EKSU • 2022 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 2022 is as follows: Sales: ₦500,000; Purchases: ₦350,000; Returns Outwards: ₦10,000; Returns Inwards: ₦5,000. What is the gross profit?

Answer Options

A. ₦120,000
B. ₦125,000
Correct Answer C. ₦130,000
D. ₦135,000
Correct Answer
C
Correct Option:
₦130,000

About This Question

This is Post Utme Eksu 2022 Accounting Question 13. It is one of the objective questions from the 2022 Post Utme Eksu Accounting examination.

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