Post Utme Nile University 2017 Accounting Question 5
Practice objective / multiple choice question 5 from the 2017 Post Utme Nile University Accounting examination.
A company has the following ledger balances: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦50,000 | | | Accounts Payable | | ₦20,000 | | Sales | | ₦30,000 | What is the net effect of these transactions on the company's cash balance?
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About This Question
This is Post Utme Nile University 2017 Accounting Question 5. It is one of the objective questions from the 2017 Post Utme Nile University Accounting examination.
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