Post Utme Summit University 2020 Accounting Question 40
Practice objective / multiple choice question 40 from the 2020 Post Utme Summit University Accounting examination.
A company uses the double-entry system of accounting. The company's ledger accounts include the following: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦100,000 | | | Accounts receivable | | ₦150,000 | | Sales revenue | | ₦200,000 | What is the net income for the period?
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This is Post Utme Summit University 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Summit University Accounting examination.
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