Post Utme Ims U 2022 Accounting Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Ims U Accounting examination.

Post Utme Ims U 2022 Accounting Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2022 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for ₦10,000, Paid rent for ₦20,000, and Sold goods for ₦30,000. What is the total amount of cash outflows for the company?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Ims U 2022 Accounting Question 37. It is one of the objective questions from the 2022 Post Utme Ims U Accounting examination.

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