Post Utme Achievers University 2021 Accounting Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions: Issued 10,000 shares at ₦5 per share Received ₦20,000 cash from customers Paid ₦30,000 cash to suppliers What is the total amount of cash received from customers?

Answer Options

Correct Answer A. ₦20,000
B. ₦25,000
C. ₦30,000
D. ₦35,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 14. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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