Post Utme Covenant University 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

A company uses a self-balancing ledger system. The ledger contains the following accounts: Cash, Accounts Payable, Sales Revenue, and Cost of Goods Sold. The ledger is balanced at the end of each month. If the company's cash balance is ₦125,000 at the beginning of the month and ₦150,000 at the end of the month, what is the total amount of sales revenue recorded during the month?

Answer Options

A. ₦25,000
B. ₦50,000
Correct Answer C. ₦75,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦75,000

About This Question

This is Post Utme Covenant University 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

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