Post Utme Unn 2018 Accounting Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 29 POST_UTME_UNN • 2018 • ACCOUNTING • objective

A company has the following trial balance: Accounts Receivable ₦50,000, Sales Revenue ₦200,000, Cost of Goods Sold ₦150,000. What is the net income of the company?

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Unn 2018 Accounting Question 29. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

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