Post Utme Unilag 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Unilag Accounting examination.

Post Utme Unilag 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_UNILAG • 2018 • ACCOUNTING • objective

A company's trading account for the year ended 31/12/2017 is as follows: Sales ₦100,000 Cost of Goods Sold ₦80,000 The company's profit is ₦20,000. Prepare the profit and loss account.

Answer Options

Correct Answer A. ₦20,000
B. ₦80,000
C. ₦100,000
D. ₦0
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Unilag 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Unilag Accounting examination.

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