Post Utme Uniosun 2019 Accounting Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2019 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNIOSUN • 2019 • ACCOUNTING • objective

A government agency is responsible for the collection of taxes. The agency's cash book for the month of January 2020 is as follows: Debit: Cash: ₦100,000 Bank: ₦200,000 Credit: Tax Revenue: ₦300,000 What is the agency's net cash inflow for the month?

Answer Options

Correct Answer A. ₦100,000
B. ₦200,000
C. ₦300,000
D. ₦400,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Uniosun 2019 Accounting Question 3. It is one of the objective questions from the 2019 Post Utme Uniosun Accounting examination.

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