Post Utme Ksu 2025 Accounting Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Ksu Accounting examination.

Post Utme Ksu 2025 Accounting Objective / Multiple Choice
Question 13 POST_UTME_KSU • 2025 • ACCOUNTING • objective

A company has an incomplete records. The following information is available: Opening balance of cash ₦50,000, sales ₦150,000, purchases ₦100,000, and closing balance of cash ₦80,000. Calculate the net profit.

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦40,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦40,000

About This Question

This is Post Utme Ksu 2025 Accounting Question 13. It is one of the objective questions from the 2025 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.

Unlock Full Access Available for Android & Windows
Chat with Support