Post Utme Unn 2019 Accounting Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 17 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company's trial balance shows the following accounts: Sales Revenue ₦1,200,000, Cost of Goods Sold ₦800,000, and Net Profit ₦200,000. What is the company's gross profit?

Answer Options

Correct Answer A. ₦400,000
B. ₦200,000
C. ₦300,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦400,000

About This Question

This is Post Utme Unn 2019 Accounting Question 17. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

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