Post Utme Eksu 2025 Accounting Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Eksu Accounting examination.

Post Utme Eksu 2025 Accounting Objective / Multiple Choice
Question 2 POST_UTME_EKSU • 2025 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000, sold goods for ₦120,000, and returned goods worth ₦10,000 to the supplier. What is the net effect on the company's cash balance?

Answer Options

Correct Answer A. ₦30,000 increase
B. ₦20,000 increase
C. ₦10,000 decrease
D. ₦20,000 decrease
Correct Answer
A
Correct Option:
₦30,000 increase

About This Question

This is Post Utme Eksu 2025 Accounting Question 2. It is one of the objective questions from the 2025 Post Utme Eksu Accounting examination.

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