Post Utme Oau 2024 Accounting Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Oau Accounting examination.

Post Utme Oau 2024 Accounting Objective / Multiple Choice
Question 32 POST_UTME_OAU • 2024 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's accountant has recorded the following transactions: 1. Purchased office supplies for ₦10,000 2. Sold goods for ₦50,000 3. Purchased equipment for ₦80,000 4. Collected cash from customers for ₦30,000 What is the company's total revenue?

Answer Options

A. ₦80,000
B. ₦120,000
Correct Answer C. ₦150,000
D. ₦180,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Oau 2024 Accounting Question 32. It is one of the objective questions from the 2024 Post Utme Oau Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support