Post Utme Igbinedion University 2021 Accounting Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2021 Accounting Objective / Multiple Choice
Question 5 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ACCOUNTING • objective

A government agency has the following transactions in its cash book: ₦100,000 received from a customer ₦50,000 paid to a supplier ₦20,000 received from a grant ₦30,000 paid to a contractor What is the net cash inflow?

Answer Options

A. ₦40,000
Correct Answer B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Igbinedion University 2021 Accounting Question 5. It is one of the objective questions from the 2021 Post Utme Igbinedion University Accounting examination.

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