Post Utme Ksu 2017 Accounting Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Ksu Accounting examination.

Post Utme Ksu 2017 Accounting Objective / Multiple Choice
Question 27 POST_UTME_KSU • 2017 • ACCOUNTING • objective

A trader purchases goods on credit for ₦150,000. The terms of the sale are 2/5 cash and 3/5 credit. Calculate the amount paid in cash.

Answer Options

Correct Answer A. ₦60,000
B. ₦90,000
C. ₦120,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦60,000

About This Question

This is Post Utme Ksu 2017 Accounting Question 27. It is one of the objective questions from the 2017 Post Utme Ksu Accounting examination.

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