Post Utme Elizade University 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ACCOUNTING • objective

A manufacturing company has the following departmental accounts: Department of Production: Opening Balance £ 10,000 Sales £ 20,000 Purchases £ 15,000 Department of Marketing: Opening Balance £ 5,000 Sales £ 10,000 Purchases £ 8,000 What is the total profit of the company?

Answer Options

A. £ 5,000
B. £ 10,000
Correct Answer C. £ 15,000
D. £ 20,000
Correct Answer
C
Correct Option:
£ 15,000

About This Question

This is Post Utme Elizade University 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Elizade University Accounting examination.

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