Post Utme Afe Babalola University 2022 Accounting Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2022 Accounting Objective / Multiple Choice
Question 23 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses the cash basis of accounting. During the year, it received ₦100,000 in cash and paid ₦80,000 in cash. What is the company's net cash flow for the year?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Afe Babalola University 2022 Accounting Question 23. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Accounting examination.

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