Post Utme Achievers University 2021 Accounting Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 9 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦50,000, sold goods for ₦75,000, and purchased equipment for ₦20,000. Calculate the net change in cash.

Answer Options

Correct Answer A. ₦5,000
B. ₦5,500
C. ₦6,000
D. ₦6,500
Correct Answer
A
Correct Option:
₦5,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 9. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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