Post Utme Oau 2025 Accounting Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Oau Accounting examination.

Post Utme Oau 2025 Accounting Objective / Multiple Choice
Question 36 POST_UTME_OAU • 2025 • ACCOUNTING • objective

A company's trial balance has the following account balances: Sales 100,000, Cost of Goods Sold 60,000, Gross Profit 40,000, Operating Expenses 20,000, Net Income 20,000. What is the company's net income?

Answer Options

Correct Answer A. 20,000
B. 40,000
C. 60,000
D. 80,000
Correct Answer
A
Correct Option:
20,000

About This Question

This is Post Utme Oau 2025 Accounting Question 36. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.

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