Post Utme Noun 2024 Accounting Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Noun Accounting examination.

Post Utme Noun 2024 Accounting Objective / Multiple Choice
Question 24 POST_UTME_NOUN • 2024 • ACCOUNTING • objective

A company's cash book shows the following transactions: cash received from customers ₦100,000, cash paid to suppliers ₦50,000, and cash paid to employees ₦30,000. Calculate the net increase in cash.

Answer Options

A. ₦20,000
B. ₦30,000
C. ₦40,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Noun 2024 Accounting Question 24. It is one of the objective questions from the 2024 Post Utme Noun Accounting examination.

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