Post Utme Uniosun 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_UNIOSUN • 2023 • ACCOUNTING • objective

A company has the following trial balance: Accounts Payable 10,000, Sales Revenue 20,000, Cost of Goods Sold 15,000. What is the net income of the company?

Answer Options

Correct Answer A. 5,000
B. 10,000
C. 15,000
D. 20,000
Correct Answer
A
Correct Option:
5,000

About This Question

This is Post Utme Uniosun 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Uniosun Accounting examination.

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