Post Utme Uniben 2017 Accounting Question 43

Practice objective / multiple choice question 43 from the 2017 Post Utme Uniben Accounting examination.

Post Utme Uniben 2017 Accounting Objective / Multiple Choice
Question 43 POST_UTME_UNIBEN • 2017 • ACCOUNTING • objective

A company's single entry system shows the following transactions: | Date | Particulars | ₦ | | --- | --- | --- | | 1 Jan | Sales | 10,000 | | 2 Jan | Purchases | 8,000 | | 3 Jan | Rent | 2,000 | | 4 Jan | Salaries | 3,000 | Calculate the net profit for the month of January.

Answer Options

A. ₦1,000
B. ₦2,000
Correct Answer C. ₦3,000
D. ₦4,000
Correct Answer
C
Correct Option:
₦3,000

About This Question

This is Post Utme Uniben 2017 Accounting Question 43. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support