Post Utme Al Hikmah University 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's trial balance as at December 31, 2018, showed the following balances: Cash ₦100,000, Bank ₦50,000, Accounts Receivable ₦20,000, Accounts Payable ₦15,000, and Common Stock ₦150,000. Prepare the company's statement of cash flows for the year ended December 31, 2018.

Answer Options

A. ₦50,000
Correct Answer B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Al Hikmah University 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Accounting examination.

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