Post Utme Pan Atlantic University 2020 Accounting Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2020 Accounting Objective / Multiple Choice
Question 7 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ACCOUNTING • objective

A government agency has the following transactions for the year: Cash received from customers: ₦100,000 Cash paid to suppliers: ₦80,000 Cash paid to employees: ₦30,000 Cash received from loans: ₦20,000 What is the net cash inflow for the year?

Answer Options

Correct Answer A. ₦10,000
B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦10,000

About This Question

This is Post Utme Pan Atlantic University 2020 Accounting Question 7. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Accounting examination.

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