Post Utme Uniport 2022 Accounting Question 31
Practice objective / multiple choice question 31 from the 2022 Post Utme Uniport Accounting examination.
A company has two departments: Manufacturing and Sales. The Manufacturing department has a single entry system, while the Sales department has a complete accounting system. The company's trial balance as at 31st December 2022 is as follows: Manufacturing: | Account | Debit | Credit | | --- | --- | --- | | Cash | 100,000 | 0 | | Sales | 0 | 150,000 | | Profit | 50,000 | 0 | Sales: | Account | Debit | Credit | | --- | --- | --- | | Cash | 200,000 | 0 | | Sales | 0 | 250,000 | | Profit | 30,000 | 0 | What is the total profit of the company as at 31st December 2022?
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About This Question
This is Post Utme Uniport 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Uniport Accounting examination.
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