Post Utme Bsu 2017 Accounting Question 31
Practice objective / multiple choice question 31 from the 2017 Post Utme Bsu Accounting examination.
In a manufacturing company, the following transactions occurred during the year: Purchased raw materials on credit for ₦120,000. Sold goods for ₦150,000 on credit. Paid cash for wages ₦30,000. Sold goods for ₦20,000 in cash. What is the net effect on the company's cash balance?
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About This Question
This is Post Utme Bsu 2017 Accounting Question 31. It is one of the objective questions from the 2017 Post Utme Bsu Accounting examination.
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