Post Utme Afe Babalola University 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency has the following transactions: Receipt of ₦100,000 cash, Payment of ₦50,000 cash, Purchase of office supplies for ₦20,000, and Sale of services for ₦30,000. What is the total amount of cash received and expended?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Afe Babalola University 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Accounting examination.

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