Post Utme Oau 2020 Accounting Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Oau Accounting examination.

Post Utme Oau 2020 Accounting Objective / Multiple Choice

Question 40 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

Correct Option:

₦2,500,000

About This Question

This is Post Utme Oau 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Oau Accounting examination.

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