Post Utme Pan Atlantic University 2018 Accounting Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2018 Accounting Objective / Multiple Choice
Question 20 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash received from customers ₦10,000, Cash paid to suppliers ₦5,000, Cash received from bank ₦8,000. What is the net increase in cash?

Answer Options

A. ₦3,000
B. ₦5,000
Correct Answer C. ₦8,000
D. ₦10,000
Correct Answer
C
Correct Option:
₦8,000

About This Question

This is Post Utme Pan Atlantic University 2018 Accounting Question 20. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Accounting examination.

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