Post Utme Joseph Ayo Babalola University 2021 Accounting Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2021 Accounting Objective / Multiple Choice
Question 18 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company maintains a self-balancing ledger for its sales and purchases. The ledger shows a debit balance of ₦50,000. If the company's sales for the year are ₦200,000 and its purchases are ₦150,000, calculate the amount of cash received from customers.

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

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