Post Utme Redeemers University 2022 Accounting Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2022 Accounting Objective / Multiple Choice
Question 30 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A departmental store has two departments, A and B, which have sales of ₦150,000 and ₦200,000 respectively. Department A has expenses of ₦50,000 and Department B has expenses of ₦70,000. What is the net profit of the store?

Answer Options

A. ₦100,000
Correct Answer B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Redeemers University 2022 Accounting Question 30. It is one of the objective questions from the 2022 Post Utme Redeemers University Accounting examination.

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