Post Utme Rhema University 2025 Accounting Question 24
Practice objective / multiple choice question 24 from the 2025 Post Utme Rhema University Accounting examination.
A company has the following trial balance: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦100,000 | | | Accounts Payable | | ₦50,000 | | Sales Revenue | ₦200,000 | | | Cost of Goods Sold | | ₦150,000 | | Net Income | | ₦50,000 | What is the net income of the company?
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This is Post Utme Rhema University 2025 Accounting Question 24. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.
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