Post Utme Lead City University 2020 Accounting Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2020 Accounting Objective / Multiple Choice
Question 25 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective

A business uses the nature and principles of accounting. The company's accounting records show a revenue of ₦1,500,000 and an expense of ₦900,000. Calculate the company's net income.

Answer Options

Correct Answer A. ₦600,000
B. ₦700,000
C. ₦800,000
D. ₦900,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Lead City University 2020 Accounting Question 25. It is one of the objective questions from the 2020 Post Utme Lead City University Accounting examination.

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