Post Utme Unilag 2021 Accounting Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Unilag Accounting examination.

Post Utme Unilag 2021 Accounting Objective / Multiple Choice

Question 35 POST_UTME_UNILAG • 2021 • ACCOUNTING • objective

SHARED STIMULUS

                            Sales=₦500,000, Cost of Goods Sold=₦400,000

                        

The following is a statement of profit or loss of XYZ Ltd. for the year.

Answer Options

A. ₦50,000

B. ₦75,000

Correct Answer C. ₦100,000

D. ₦125,000

Correct Answer

Correct Option:

₦100,000

About This Question

This is Post Utme Unilag 2021 Accounting Question 35. It is one of the objective questions from the 2021 Post Utme Unilag Accounting examination.

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