Post Utme Rsu 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Rsu Accounting examination.

Post Utme Rsu 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_RSU • 2021 • ACCOUNTING • objective

A public sector organization has the following transactions for the year: Debit: Cash ¡ 500,000, Accounts Payable ¡ 200,000, Equipment ¡ 300,000 Credit: Accounts Receivable ¡ 400,000, Salaries Payable ¡ 150,000, Revenue ¡ 700,000 What is the net cash inflow from investing activities?

Answer Options

A. ¡ 100,000
B. ¡ 200,000
C. ¡ 300,000
Correct Answer D. ¡ 400,000
Correct Answer
D
Correct Option:
¡ 400,000

About This Question

This is Post Utme Rsu 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Rsu Accounting examination.

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