Post Utme Bowen University 2017 Accounting Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 27 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's cash book shows the following transactions: Debit Cash ₦10,000, Credit Accounts Payable ₦5,000, and Debit Sales Revenue ₦15,000. What is the company's net cash outflow?

Answer Options

A. ₦5,000
B. ₦10,000
C. ₦15,000
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Bowen University 2017 Accounting Question 27. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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