Post Utme Unn 2025 Accounting Question 42

Practice objective / multiple choice question 42 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 42 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company's trial balance shows the following balances: Sales ₦150,000, Purchases ₦80,000, Cost of Goods Sold ₦60,000, Gross Profit ₦90,000. What is the company's net profit?

Answer Options

A. ₦30,000
B. ₦40,000
C. ₦50,000
Correct Answer D. ₦60,000
Correct Answer
D
Correct Option:
₦60,000

About This Question

This is Post Utme Unn 2025 Accounting Question 42. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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