Post Utme Uniport 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Uniport Accounting examination.

Post Utme Uniport 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNIPORT • 2018 • ACCOUNTING • objective

A company's profit and loss account shows the following balances: | Revenue | Expense | | --- | --- | | Sales | 2000 | | Purchases | 1500 | | Capital | | 3000 | What is the net profit of the company?

Answer Options

A. ₦500
Correct Answer B. ₦1000
C. ₦1500
D. ₦2000
Correct Answer
B
Correct Option:
₦1000

About This Question

This is Post Utme Uniport 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Uniport Accounting examination.

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