Post Utme Achievers University 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions: Issued 5,000 shares at ₦10 per share Received ₦50,000 cash from customers Paid ₦70,000 cash to suppliers What is the total amount of cash paid to suppliers?

Answer Options

Correct Answer A. ₦70,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦70,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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