Post Utme Veritas University 2022 Accounting Question 41

Practice objective / multiple choice question 41 from the 2022 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2022 Accounting Objective / Multiple Choice
Question 41 POST_UTME_VERITAS_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's profit and loss account shows the following: Sales: ₦2,000,000; Cost of Goods Sold: ₦1,800,000. Calculate the gross profit.

Answer Options

A. ₦200,000
B. ₦300,000
Correct Answer C. ₦400,000
D. ₦500,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Veritas University 2022 Accounting Question 41. It is one of the objective questions from the 2022 Post Utme Veritas University Accounting examination.

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