Post Utme Aaua 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦50,000 on credit; Sold goods for ₦75,000 on credit; Purchased equipment for ₦20,000 in cash. Prepare the cash book and bank reconciliation statement.

Answer Options

A. ₦25,000
B. ₦30,000
Correct Answer C. ₦35,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦35,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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