Post Utme Oau 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Oau Accounting examination.

Post Utme Oau 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2018 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦50,000, sold goods for ₦70,000, and returned goods worth ₦10,000 to the supplier. Calculate the net profit.

Answer Options

A. ₦20,000
B. ₦30,000
C. ₦40,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Oau 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Oau Accounting examination.

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