Post Utme Ims U 2022 Accounting Question 36
Practice objective / multiple choice question 36 from the 2022 Post Utme Ims U Accounting examination.
A company has a trial balance that includes the following accounts: Sales Revenue, Cost of Goods Sold, and Net Income. The trial balance shows a debit balance of ₦120,000 for Sales Revenue and a credit balance of ₦80,000 for Cost of Goods Sold. What is the net income of the company?
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About This Question
This is Post Utme Ims U 2022 Accounting Question 36. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.
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