Post Utme Esut 2019 Accounting Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Esut Accounting examination.

Post Utme Esut 2019 Accounting Objective / Multiple Choice
Question 17 POST_UTME_ESUT • 2019 • ACCOUNTING • objective

A company purchased a machine for ₦1,500,000 and sold it for ₦1,800,000. Calculate the gain or loss on the sale of the machine.

Answer Options

Correct Answer A. ₦300,000
B. ₦300,000
C. ₦300,000
D. ₦300,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Esut 2019 Accounting Question 17. It is one of the objective questions from the 2019 Post Utme Esut Accounting examination.

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