Post Utme Greenfield University 2021 Accounting Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2021 Accounting Objective / Multiple Choice
Question 37 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses the single-entry system of accounting. During the year, it received ₦200,000 in cash from customers and paid ₦150,000 in cash to suppliers. What is the net cash inflow from customers?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Greenfield University 2021 Accounting Question 37. It is one of the objective questions from the 2021 Post Utme Greenfield University Accounting examination.

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