Post Utme Ksu 2020 Accounting Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 39 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A company has the following ledger balances: Purchases ₦100,000, Sales ₦150,000, Wages ₦20,000. What is the total profit?

Answer Options

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

About This Question

This is Post Utme Ksu 2020 Accounting Question 39. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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