Post Utme Unn 2025 Accounting Question 46

Practice objective / multiple choice question 46 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 46 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company's control account shows the following balances: Sales ₦150,000, Purchases ₦80,000, Cost of Goods Sold ₦60,000. What is the gross profit of the company?

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 46. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

View More Post Utme Unn 2025 Accounting Questions More Post Utme Unn Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support