Post Utme Rsu 2025 Accounting Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Rsu Accounting examination.

Post Utme Rsu 2025 Accounting Objective / Multiple Choice
Question 9 POST_UTME_RSU • 2025 • ACCOUNTING • objective

A company has the following transactions: - Purchased a machine for ₦100,000 - Sold goods for ₦50,000 - Received cash from customers for ₦20,000 - Paid salaries of ₦15,000 What is the net effect on the company's cash balance?

Answer Options

A. ₦10,000
B. ₦15,000
Correct Answer C. ₦20,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦20,000

About This Question

This is Post Utme Rsu 2025 Accounting Question 9. It is one of the objective questions from the 2025 Post Utme Rsu Accounting examination.

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