Post Utme Mountain Top University 2025 Accounting Question 39
Practice objective / multiple choice question 39 from the 2025 Post Utme Mountain Top University Accounting examination.
A company uses the double-entry system of accounting. On January 1, 2025, it had a cash balance of ₦500,000. During the year, it received ₦750,000 in cash and paid out ₦300,000 in cash. Calculate the net increase in cash for the year.
Answer Options
About This Question
This is Post Utme Mountain Top University 2025 Accounting Question 39. It is one of the objective questions from the 2025 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.