Post Utme Al Hikmah University 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ACCOUNTING • objective
SHARED STIMULUS
[Transaction 1: Cash received from customers ₦50,000; Transaction 2: Cash paid to suppliers ₦30,000]

A business uses the single-entry system of accounting. The following transactions were recorded during the year:

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Al Hikmah University 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Accounting examination.

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