Post Utme Ksu 2021 Accounting Question 27
Practice objective / multiple choice question 27 from the 2021 Post Utme Ksu Accounting examination.
A company has a trial balance as follows: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦10,000 | ₦0 | | Accounts Payable | ₦0 | ₦5,000 | | Sales Revenue | ₦0 | ₦20,000 | | Cost of Goods Sold | ₦15,000 | ₦0 | | Net Income | ₦0 | ₦0 | What is the correct balance for the Net Income account?
Answer Options
About This Question
This is Post Utme Ksu 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.