Post Utme Coal City University 2021 Accounting Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 24 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A business has the following transactions: Purchased goods for ₦100,000 on credit, sold goods for ₦120,000 on credit, and paid cash of ₦50,000 for rent. Prepare a cash book for the business.

Answer Options

A. ₦70,000
B. ₦80,000
C. ₦90,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 24. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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