Post Utme Oau 2022 Accounting Question 9
Practice objective / multiple choice question 9 from the 2022 Post Utme Oau Accounting examination.
A company has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Purchase of Equipment | ₦100,000 | | | 2 Jan | Sale of Goods | | ₦150,000 | | 3 Jan | Purchase of Inventory | ₦50,000 | | | 4 Jan | Payment of Salaries | | ₦30,000 | What is the company's net income for the month?
Answer Options
About This Question
This is Post Utme Oau 2022 Accounting Question 9. It is one of the objective questions from the 2022 Post Utme Oau Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.