Post Utme Achievers University 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The following transactions occurred during the year: 1. Purchased office supplies for ₦5,000 cash. 2. Sold goods for ₦20,000 cash. 3. Purchased a machine for ₦10,000 cash. 4. Paid rent for ₦8,000 cash. What is the total amount of cash transactions?

Answer Options

A. ₦33,000
B. ₦38,000
C. ₦43,000
D. ₦48,000
Correct Answer
N/A

About This Question

This is Post Utme Achievers University 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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