Post Utme Lead City University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following transactions: Purchased office supplies for ₦50,000, paid ₦20,000 cash, and purchased office equipment for ₦100,000. What is the total amount of cash paid for these transactions?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Lead City University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Lead City University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support