Post Utme Osustech 2024 Accounting Question 22
Practice objective / multiple choice question 22 from the 2024 Post Utme Osustech Accounting examination.
A company's trading account for the year ended 31st December 2023 is as follows: Debit: \begin{itemize} \item Purchases: ₦1,500,000 \item Carriage Inward: ₦20,000 \item Office Expenses: ₦30,000 \end{itemize} Credit: \begin{itemize} \item Sales: ₦2,000,000 \item Returns Outward: ₦10,000 \end{itemize} Calculate the gross profit for the year.
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This is Post Utme Osustech 2024 Accounting Question 22. It is one of the objective questions from the 2024 Post Utme Osustech Accounting examination.
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