Post Utme Esut 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Esut Accounting examination.

Post Utme Esut 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2022 • ACCOUNTING • objective

A company uses the cash book system of accounting. The following transactions were recorded in the cash book for the month of May: Cash received from customers: ₦220,000 Cash paid to suppliers: ₦160,000 Cash paid to employees: ₦70,000 Cash received from bank: ₦40,000 Cash paid to bank: ₦35,000 What is the total cash received by the company during the month of May?

Answer Options

A. ₦220,000
Correct Answer B. ₦240,000
C. ₦260,000
D. ₦280,000
Correct Answer
B
Correct Option:
₦240,000

About This Question

This is Post Utme Esut 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Esut Accounting examination.

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