Post Utme Skyline University 2024 Accounting Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2024 Accounting Objective / Multiple Choice
Question 39 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦80,000 on credit. Sold goods for ₦100,000 on credit. Paid cash for rent of ₦15,000. Paid cash for wages of ₦25,000. Calculate the net profit.

Answer Options

A. ₦5,000
B. ₦10,000
Correct Answer C. ₦15,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦15,000

About This Question

This is Post Utme Skyline University 2024 Accounting Question 39. It is one of the objective questions from the 2024 Post Utme Skyline University Accounting examination.

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