Post Utme Ksu 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A company's profit and loss account for the year ended 31st December 2020 shows a gross profit of ₦1,500,000 and an operating profit of ₦1,200,000. Calculate the company's net profit.

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,500,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Ksu 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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