Post Utme Lasu 2025 Accounting Question 12
Practice objective / multiple choice question 12 from the 2025 Post Utme Lasu Accounting examination.
A company has a trial balance that includes the following accounts: Sales, Cost of Goods Sold, Rent Expense, Salaries Expense, and Dividends. The trial balance shows a debit balance of ₦50,000 in the Sales account and a credit balance of ₦30,000 in the Cost of Goods Sold account. What is the net income of the company?
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About This Question
This is Post Utme Lasu 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Lasu Accounting examination.
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