Post Utme Abu 2020 Accounting Question 7

A company has the following transactions: 1. Purchased raw materials for ₦ 100,000. 2. Sold goods for ₦ 150,000. 3. Purchased factory equipment for ₦ 180,000. 4. Paid salaries of ₦ 30,000. 5. Collected cash from customers for ₦ 200,000. 6. Paid rent for ₦ 20,000. 7. Purchased office supplies for ₦ 10,000. 8. Sold factory equipment for ₦ 120,000. 9. Purchased office equipment for ₦ 120,000. 10. Collected cash from customers for ₦ 50,000. The journal entries were posted to the ledger. The ledger accounts are as follows: Raw Materials: ₦ 100,000. Factory Equipment: ₦ 180,000. Salaries: ₦ 30,000. Cash: ₦ 450,000. Rent: ₦ 20,000. Office Supplies: ₦ 10,000. Office Equipment: ₦ 120,000. What is the total amount of cash received from customers?