Post Utme Joseph Ayo Babalola University 2017 Accounting Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2017 Accounting Objective / Multiple Choice
Question 23 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has the following transactions in its cash book: Cash received from customers: ₦200,000; Cash paid to suppliers: ₦150,000; Cash paid to employees: ₦100,000. Calculate the net increase in cash for the period.

Answer Options

A. ₦50,000
B. ₦75,000
C. ₦100,000
Correct Answer D. ₦125,000
Correct Answer
D
Correct Option:
₦125,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Accounting Question 23. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Accounting examination.

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