Post Utme Unilorin 2019 Accounting Question 28
Practice objective / multiple choice question 28 from the 2019 Post Utme Unilorin Accounting examination.
A company prepares a trading account for the year ended December 31, 2022. The company's sales revenue for the year was ₦500,000, and its cost of goods sold was ₦350,000. The company also incurred a selling and administrative expense of ₦20,000. What is the correct net profit for the year?
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About This Question
This is Post Utme Unilorin 2019 Accounting Question 28. It is one of the objective questions from the 2019 Post Utme Unilorin Accounting examination.
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