Post Utme Rsu 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Rsu Accounting examination.

Post Utme Rsu 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_RSU • 2023 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦80,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. What is the company's net income?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Rsu 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Rsu Accounting examination.

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