Post Utme Lautech 2020 Accounting Question 26
Practice objective / multiple choice question 26 from the 2020 Post Utme Lautech Accounting examination.
A company's trial balance shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. What is the correct balance of the company's profit and loss account?
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About This Question
This is Post Utme Lautech 2020 Accounting Question 26. It is one of the objective questions from the 2020 Post Utme Lautech Accounting examination.
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