Post Utme Pan Atlantic University 2017 Accounting Question 7
Practice objective / multiple choice question 7 from the 2017 Post Utme Pan Atlantic University Accounting examination.
A company uses the double-entry system of accounting. The company's trial balance shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦100,000, and Common Stock ₦150,000. What is the net income of the company?
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About This Question
This is Post Utme Pan Atlantic University 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.
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