Post Utme Rhema University 2021 Accounting Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2021 Accounting Objective / Multiple Choice
Question 10 POST_UTME_RHEMA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's profit and loss account shows the following balances: | Revenue | Expense | Profit | | --- | --- | --- | | ₦1,200 | ₦800 | ₦400 | What is the net profit?

Answer Options

Correct Answer A. ₦400
B. ₦600
C. ₦800
D. ₦1,000
Correct Answer
A
Correct Option:
₦400

About This Question

This is Post Utme Rhema University 2021 Accounting Question 10. It is one of the objective questions from the 2021 Post Utme Rhema University Accounting examination.

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