Post Utme Rsu 2020 Accounting Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice
Question 32 POST_UTME_RSU • 2020 • ACCOUNTING • objective

A company has the following transactions during the year: Debit: Raw Materials ₦5,000, Work-in-Progress ₦0,000, Finished Goods ₦5,000, Sales ₦10,000 Credit: Purchases ₦5,000, Wages ₦0,000, Rent ₦5,000, Cost of Goods Sold ₦10,000 What is the net profit of the company?

Answer Options

Correct Answer A. ₦0,000
B. ₦5,000
C. ₦10,000
D. ₦15,000
Correct Answer
A
Correct Option:
₦0,000

About This Question

This is Post Utme Rsu 2020 Accounting Question 32. It is one of the objective questions from the 2020 Post Utme Rsu Accounting examination.

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