Post Utme Uniport 2018 Accounting Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Uniport Accounting examination.

Post Utme Uniport 2018 Accounting Objective / Multiple Choice
Question 36 POST_UTME_UNIPORT • 2018 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash received from customers ₦100,000, Cash paid to suppliers ₦50,000, and Cash paid to employees ₦20,000. Prepare the cash book.

Answer Options

A. Debit Cash ₦100,000, Credit Sales ₦100,000
B. Debit Cash ₦50,000, Credit Purchases ₦50,000
C. Debit Cash ₦20,000, Credit Wages ₦20,000
Correct Answer D. Debit Cash ₦170,000, Credit Sales ₦100,000, Purchases ₦50,000, Wages ₦20,000
Correct Answer
D
Correct Option:
Debit Cash ₦170,000, Credit Sales ₦100,000, Purchases ₦50,000, Wages ₦20,000

About This Question

This is Post Utme Uniport 2018 Accounting Question 36. It is one of the objective questions from the 2018 Post Utme Uniport Accounting examination.

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