Post Utme Delsu 2023 Accounting Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Delsu Accounting examination.

Post Utme Delsu 2023 Accounting Objective / Multiple Choice
Question 16 POST_UTME_DELSU • 2023 • ACCOUNTING • objective

In a manufacturing company, the following transactions occurred during the year: Purchased raw materials worth ₦150,000 on credit. Sold goods worth ₦300,000 for cash. Purchased machinery worth ₦100,000 on credit. Sold goods worth ₦200,000 on credit. Paid cash to suppliers ₦50,000. What is the total amount of cash received from customers?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Delsu 2023 Accounting Question 16. It is one of the objective questions from the 2023 Post Utme Delsu Accounting examination.

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