Post Utme Mountain Top University 2018 Accounting Question 32
Practice objective / multiple choice question 32 from the 2018 Post Utme Mountain Top University Accounting examination.
A public sector organization has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | ₦100,000 | | | 1 Jan | Cash paid to suppliers | | ₦80,000 | | 1 Jan | Cash paid to employees | | ₦20,000 | | 1 Jan | Cash received from government grant | ₦50,000 | | What is the total cash balance at the end of the first day?
Answer Options
About This Question
This is Post Utme Mountain Top University 2018 Accounting Question 32. It is one of the objective questions from the 2018 Post Utme Mountain Top 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.