Post Utme Lautech 2020 Accounting Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Lautech Accounting examination.

Post Utme Lautech 2020 Accounting Objective / Multiple Choice
Question 1 POST_UTME_LAUTECH • 2020 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The following transactions were recorded in the journal during the year:

Answer Options

Correct Answer A. ₦1,000 cash received from customers
B. ₦500 cash paid to suppliers
C. ₦200 cash received from customers
D. ₦300 cash paid to employees
Correct Answer
A
Correct Option:
₦1,000 cash received from customers

About This Question

This is Post Utme Lautech 2020 Accounting Question 1. It is one of the objective questions from the 2020 Post Utme Lautech Accounting examination.

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