Post Utme Summit University 2025 Accounting Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Summit University Accounting examination.

Post Utme Summit University 2025 Accounting Objective / Multiple Choice
Question 23 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ACCOUNTING • objective

A public sector organization has the following transactions for the month of January: Purchased office supplies for ₦10,000 cash Paid salaries of ₦50,000 by cheque Received cash from customers of ₦25,000 Paid rent of ₦15,000 by bank transfer What is the total cash received by the organization in January?

Answer Options

A. ₦30,000
Correct Answer B. ₦35,000
C. ₦40,000
D. ₦45,000
Correct Answer
B
Correct Option:
₦35,000

About This Question

This is Post Utme Summit University 2025 Accounting Question 23. It is one of the objective questions from the 2025 Post Utme Summit University 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