Post Utme Unn 2025 Accounting Question 37
Practice objective / multiple choice question 37 from the 2025 Post Utme Unn Accounting examination.
A company has the following trial balance as at 31st December 2024: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦50,000 | | | Accounts Payable | | ₦30,000 | | Sales Revenue | | ₦200,000 | | Cost of Goods Sold | ₦150,000 | | | Net Income | | ₦50,000 | What is the correct balance for the Cost of Goods Sold account?
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About This Question
This is Post Utme Unn 2025 Accounting Question 37. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.
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