Post Utme Uniben 2024 Accounting Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Uniben Accounting examination.

Post Utme Uniben 2024 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNIBEN • 2024 • ACCOUNTING • objective

A company has the following transactions: Purchased goods for ₦500,000 on credit, sold goods for ₦700,000 on credit, and purchased office supplies for ₦20,000 in cash. What is the total amount of cash received from customers?

Answer Options

A. ₦200,000
Correct Answer B. ₦300,000
C. ₦400,000
D. ₦500,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Uniben 2024 Accounting Question 7. It is one of the objective questions from the 2024 Post Utme Uniben Accounting examination.

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