Post Utme Lead City University 2019 Accounting Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2019 Accounting Objective / Multiple Choice
Question 38 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦100,000 on credit, sold goods for ₦150,000 for cash, and paid a dividend of ₦20,000. Prepare the cash book and bank reconciliation statement.

Answer Options

A. ₦100,000; ₦150,000; ₦20,000
B. ₦150,000; ₦100,000; ₦20,000
Correct Answer C. ₦100,000; ₦150,000; ₦20,000
D. ₦150,000; ₦100,000; ₦20,000
Correct Answer
C
Correct Option:
₦100,000; ₦150,000; ₦20,000

About This Question

This is Post Utme Lead City University 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Lead City University Accounting examination.

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