Post Utme Afe Babalola University 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 14 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for ₦10,000, Paid salaries of ₦50,000, and Collected cash from customers of ₦20,000. What is the net change in cash?

Answer Options

A. ₦-20,000
Correct Answer B. ₦0
C. ₦20,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦0

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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