Post Utme Bsu 2023 Accounting Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 30 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A public sector organization has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 | Cash received from customers | | ₦100,000 | | 2 | Cash paid to suppliers | ₦80,000 | | | 3 | Cash paid to employees | ₦20,000 | | | 4 | Cash received from government grant | | ₦30,000 | What is the net cash inflow for the period?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 30. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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