Post Utme Mountain Top University 2021 Accounting Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 24 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following trading account: Sales: ₦2,000,000; Cost of goods sold: ₦1,500,000. Calculate the gross profit.

Answer Options

Correct Answer A. ₦500,000
B. ₦500,000
C. ₦500,000
D. ₦500,000
Correct Answer
A
Correct Option:
₦500,000

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 24. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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