Post Utme Futo 2018 Accounting Question 31
Practice objective / multiple choice question 31 from the 2018 Post Utme Futo Accounting examination.
In a manufacturing company, the following transactions occurred during the month of January: Purchased raw materials worth ₦120,000 on credit from a supplier. Purchased a machine worth ₦150,000 in cash. Sold goods worth ₦180,000 for cash. Paid salaries amounting to ₦60,000. What is the total amount of cash received and paid by the company during the month?
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About This Question
This is Post Utme Futo 2018 Accounting Question 31. It is one of the objective questions from the 2018 Post Utme Futo Accounting examination.
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