Post Utme Joseph Ayo Babalola University 2017 Accounting Question 4
Practice objective / multiple choice question 4 from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.
A company's trial balance shows the following balances: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦10,000 | | | Accounts Payable | | ₦8,000 | | Sales Revenue | | ₦12,000 | | Cost of Goods Sold | ₦6,000 | | What is the net income of the company?
Answer Options
About This Question
This is Post Utme Joseph Ayo Babalola University 2017 Accounting Question 4. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.