Post Utme Greenfield University 2020 Accounting Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2020 Accounting Objective / Multiple Choice
Question 28 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ACCOUNTING • objective

A company prepares its financial statements in accordance with the accrual accounting method. The company's revenue for the year is ₦1,500,000, and its expenses for the year are ₦1,200,000. What is the company's net income?

Answer Options

Correct Answer A. ₦200,000
B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦200,000

About This Question

This is Post Utme Greenfield University 2020 Accounting Question 28. It is one of the objective questions from the 2020 Post Utme Greenfield University Accounting examination.

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