Post Utme Uniport 2019 Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Uniport Accounting examination.

Post Utme Uniport 2019 Accounting Objective / Multiple Choice
Question 23 POST_UTME_UNIPORT • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: i. Purchased office equipment for ₦120,000. ii. Sold goods for ₦150,000. iii. Purchased goods for ₦80,000. iv. Paid salaries of ₦50,000. Prepare the cash book for the year, showing the balance of cash at the end of the year.

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Uniport 2019 Accounting Question 23. It is one of the objective questions from the 2019 Post Utme Uniport Accounting examination.

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