Post Utme Bowen University 2023 Accounting Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 13 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A government agency has the following transactions: Received revenue ₦50,000, Paid expenses ₦30,000, Transferred funds to another agency ₦20,000. What is the net increase in cash?

Answer Options

Correct Answer A. ₦10,000
B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Bowen University 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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