Post Utme Lead City University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency has the following transactions: Cash received from taxpayers ₦500,000, Cash paid to suppliers ₦200,000, Cash paid to employees ₦150,000. What is the net increase in cash for the period?

Answer Options

Correct Answer A. ₦50,000
B. ₦100,000
C. ₦150,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Lead City University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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