Post Utme Lasu 2020 Accounting Question 9
Practice objective / multiple choice question 9 from the 2020 Post Utme Lasu Accounting examination.
A company has a trial balance that includes the following accounts: Sales (₦1,000,000), Cost of Goods Sold (₦800,000), and Profit (₦200,000). What is the correct balance of the Profit account?
Answer Options
About This Question
This is Post Utme Lasu 2020 Accounting Question 9. It is one of the objective questions from the 2020 Post Utme Lasu Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.