Post Utme Esut 2017 Accounting Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Esut Accounting examination.

Post Utme Esut 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_ESUT • 2017 • ACCOUNTING • objective

A company has the following incomplete records: Purchases ₦1,200,000, Sales ₦1,500,000, and Cash ₦300,000. What is the company's net income?

Answer Options

A. ₦300,000
B. ₦1,200,000
C. ₦1,500,000
Correct Answer D. ₦2,100,000
Correct Answer
D
Correct Option:
₦2,100,000

About This Question

This is Post Utme Esut 2017 Accounting Question 37. It is one of the objective questions from the 2017 Post Utme Esut Accounting examination.

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