Post Utme Ksu 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Ksu Accounting examination.

Post Utme Ksu 2018 Accounting Objective / Multiple Choice
Question 12 POST_UTME_KSU • 2018 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Cash 10,000, Accounts Payable 5,000, Sales Revenue 20,000, Cost of Goods Sold 15,000, and Common Stock 10,000. What is the company's net income?

Answer Options

Correct Answer A. 5,000
B. 10,000
C. 15,000
D. 20,000
Correct Answer
A
Correct Option:
5,000

About This Question

This is Post Utme Ksu 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Ksu Accounting examination.

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