Post Utme Noun 2021 Accounting Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 1 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company uses the cash book to record all its financial transactions. Which of the following is an example of a cash transaction?

Answer Options

A. Sale of goods on credit
B. Payment of salaries to employees
C. Purchase of office equipment on credit
Correct Answer D. Collection of cash from customers
Correct Answer
D
Correct Option:
Collection of cash from customers

About This Question

This is Post Utme Noun 2021 Accounting Question 1. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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