Post Utme Achievers University 2022 Accounting Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2022 Accounting Objective / Multiple Choice
Question 17 POST_UTME_ACHIEVERS_UNIVERSITY • 2022 • ACCOUNTING • objective

A government agency has the following transactions for the month of January: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1st | Cash received from taxpayers | | 1,000,000 | | 15th | Salaries paid | 500,000 | | | 20th | Rent paid | 200,000 | | | 25th | Utilities paid | 100,000 | | What is the total amount of cash received from taxpayers?

Answer Options

Correct Answer A. ₦1,000,000
B. ₦1,200,000
C. ₦1,500,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,000,000

About This Question

This is Post Utme Achievers University 2022 Accounting Question 17. It is one of the objective questions from the 2022 Post Utme Achievers University Accounting examination.

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