Post Utme Uniport 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Uniport Accounting examination.

Post Utme Uniport 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_UNIPORT • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦10,000 | | | Bank | | ₦15,000 | | Accounts Payable | ₦20,000 | | | Sales | | ₦30,000 | Calculate the net profit for the year.

Answer Options

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

About This Question

This is Post Utme Uniport 2025 Accounting Question 39. It is one of the objective questions from the 2025 Post Utme Uniport Accounting examination.

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