Post Utme Bowen University 2019 Accounting Question 26

Practice objective / multiple choice question 26 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 26 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's accountant has recorded the following transactions in the journal: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | | 1,000 | | 15 Jan | Rent paid | 200 | | | 20 Jan | Purchase of office supplies | | 150 | | 25 Jan | Cash paid to employees | | 800 | What is the total amount of cash received from customers and cash paid to employees?

Answer Options

Correct Answer A. ₦1,800
B. ₦2,000
C. ₦1,500
D. ₦1,200
Correct Answer
A
Correct Option:
₦1,800

About This Question

This is Post Utme Bowen University 2019 Accounting Question 26. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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