Post Utme Elizade University 2021 Accounting Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2021 Accounting Objective / Multiple Choice
Question 19 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash received from customers: ₦100,000; Cash paid to suppliers: ₦80,000; Cash paid to employees: ₦20,000. What is the net increase in cash?

Answer Options

Correct Answer A. ₦20,000
B. ₦40,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Elizade University 2021 Accounting Question 19. It is one of the objective questions from the 2021 Post Utme Elizade University Accounting examination.

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