Post Utme Skyline University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2025 Accounting Objective / Multiple Choice

Question 25 POST_UTME_SKYLINE_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. What is the net income of the company?

Answer Options

A. ₦50,000

Correct Answer B. ₦100,000

C. ₦150,000

D. ₦200,000

Correct Answer

Correct Option:

₦100,000

About This Question

This is Post Utme Skyline University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Skyline University Accounting examination.

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