Post Utme Veritas University 2022 Accounting Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2022 Accounting Objective / Multiple Choice

Question 36 POST_UTME_VERITAS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trading account shows the following transactions: Sales: ₦1,000,000; Purchases: ₦800,000. Calculate the gross profit.

Answer Options

A. ₦200,000

Correct Answer B. ₦300,000

C. ₦400,000

D. ₦500,000

Correct Answer

Correct Option:

₦300,000

About This Question

This is Post Utme Veritas University 2022 Accounting Question 36. It is one of the objective questions from the 2022 Post Utme Veritas University Accounting examination.

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