Post Utme Unilag 2025 Accounting Question 29
Practice objective / multiple choice question 29 from the 2025 Post Utme Unilag Accounting examination.
A company uses the single-entry system of accounting. The company's cash account shows a balance of ₦50,000. The company's journal shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | ₦20,000 | | | 15 Jan | Cash paid to suppliers | | ₦15,000 | | 20 Jan | Cash received from customers | ₦30,000 | | | 25 Jan | Cash paid to employees | | ₦10,000 | What is the company's net cash inflow for the month?
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About This Question
This is Post Utme Unilag 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Unilag Accounting examination.
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