Post Utme Uniben 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Uniben Accounting examination.

Post Utme Uniben 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNIBEN • 2023 • ACCOUNTING • objective

A company has the following transactions: Purchased £ 10,000 worth of goods on credit. Sold £ 8,000 worth of goods for cash. Paid £ 2,000 in cash for rent. What is the total amount of cash received or paid?

Answer Options

A. £ 6,000
Correct Answer B. £ 8,000
C. £ 10,000
D. £ 12,000
Correct Answer
B
Correct Option:
£ 8,000

About This Question

This is Post Utme Uniben 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Uniben Accounting examination.

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