Post Utme Greenfield University 2021 Accounting Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2021 Accounting Objective / Multiple Choice
Question 16 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's trial balance shows the following balances: Sales: ₦120,000; Purchases: ₦90,000. What is the net profit?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Greenfield University 2021 Accounting Question 16. It is one of the objective questions from the 2021 Post Utme Greenfield University Accounting examination.

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