Post Utme Elizade University 2017 Accounting Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2017 Accounting Objective / Multiple Choice
Question 27 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ACCOUNTING • objective

A public sector organization has the following transactions: Purchased office equipment for ₦500,000; paid salaries of ₦300,000; and received cash from customers of ₦200,000. Prepare the cash book and bank reconciliation statement.

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Elizade University 2017 Accounting Question 27. It is one of the objective questions from the 2017 Post Utme Elizade University Accounting examination.

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