Post Utme Bells University 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Bells University Accounting examination.

Post Utme Bells University 2020 Accounting Objective / Multiple Choice
Question 36 POST_UTME_BELLS_UNIVERSITY • 2020 • ACCOUNTING • objective

A government agency uses the accrual basis of accounting. If the agency receives ₦100,000 in cash from customers and pays ₦80,000 in cash to suppliers, what is the net cash inflow?

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 Bells University 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Bells University Accounting examination.

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