Post Utme Babcock University 2019 Accounting Question 31
Practice objective / multiple choice question 31 from the 2019 Post Utme Babcock University Accounting examination.
In a manufacturing company, the following transactions occurred during the year: Purchased raw materials worth ₦100,000 on credit from a supplier. Sold goods worth ₦150,000 for cash. Paid salaries amounting to ₦80,000. What is the net effect on the company's cash balance?
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About This Question
This is Post Utme Babcock University 2019 Accounting Question 31. It is one of the objective questions from the 2019 Post Utme Babcock University Accounting examination.
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