Post Utme Eksu 2024 Accounting Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Eksu Accounting examination.

Post Utme Eksu 2024 Accounting Objective / Multiple Choice
Question 26 POST_UTME_EKSU • 2024 • ACCOUNTING • objective

A company's trading account shows the following transactions: Sales Revenue = ₦100,000, Cost of Goods Sold = ₦80,000. What is the gross profit?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Eksu 2024 Accounting Question 26. It is one of the objective questions from the 2024 Post Utme Eksu Accounting examination.

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