Post Utme Eksu 2023 Accounting Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Eksu Accounting examination.

Post Utme Eksu 2023 Accounting Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2023 • ACCOUNTING • objective

A company has the following transactions for the month of January: Purchased raw materials on credit ₦50,000; sold goods on credit ₦80,000; purchased factory equipment for ₦20,000 cash; and paid salaries ₦15,000. Prepare a statement of cash flows for the month.

Answer Options

A. ₦35,000
Correct Answer B. ₦40,000
C. ₦45,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Eksu 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Eksu Accounting examination.

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