Post Utme Abu 2018 Accounting Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Abu Accounting examination.

Post Utme Abu 2018 Accounting Objective / Multiple Choice
Question 4 POST_UTME_ABU • 2018 • ACCOUNTING • objective

A government agency is required to prepare a statement of cash flows. The agency's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 10,000 | | | 2nd Jan | Sales | | 15,000 | | 3rd Jan | Purchases | 8,000 | | | 4th Jan | Cash | | 12,000 | Prepare the statement of cash flows for the month of January.

Answer Options

A. ₦7,000
Correct Answer B. ₦12,000
C. ₦17,000
D. ₦22,000
Correct Answer
B
Correct Option:
₦12,000

About This Question

This is Post Utme Abu 2018 Accounting Question 4. It is one of the objective questions from the 2018 Post Utme Abu Accounting examination.

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