Post Utme Lead City University 2025 Accounting Question 41

Practice objective / multiple choice question 41 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 41 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trading account for the year ended 31st December 20X7 is as follows: Debit: Sundry Debtors £ 10,000 Credit: Sundry Creditors £ 5,000 What is the net profit from trading?

Answer Options

Correct Answer A. £ 5,000
B. £ 10,000
C. £ 15,000
D. £ 20,000
Correct Answer
A
Correct Option:
£ 5,000

About This Question

This is Post Utme Lead City University 2025 Accounting Question 41. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

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