Post Utme Lasu 2023 Accounting Question 5
Practice objective / multiple choice question 5 from the 2023 Post Utme Lasu Accounting examination.
A company has the following ledger accounts: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦100,000 | | | Accounts Payable | | ₦50,000 | | Sales Revenue | | ₦200,000 | | Cost of Goods Sold | ₦150,000 | | | Net Income | | | What is the amount of net income?
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About This Question
This is Post Utme Lasu 2023 Accounting Question 5. It is one of the objective questions from the 2023 Post Utme Lasu Accounting examination.
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