Post Utme Oau 2020 Accounting Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice
Question 37 POST_UTME_OAU • 2020 • ACCOUNTING • objective
SHARED STIMULUS
[Transaction 1: Cash received from customers ₦1,000,000; Transaction 2: Cash paid to suppliers ₦500,000; Transaction 3: Cash received from bank ₦1,000,000]

A company's cash book showed the following transactions for the year ended 31st December 2020:

Answer Options

A. ₦1,500,000
B. ₦2,000,000
Correct Answer C. ₦2,500,000
D. ₦3,000,000
Correct Answer
C
Correct Option:
₦2,500,000

About This Question

This is Post Utme Oau 2020 Accounting Question 37. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

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