Post Utme Unn 2023 Accounting Question 16
Practice objective / multiple choice question 16 from the 2023 Post Utme Unn Accounting examination.
The following transactions were recorded by a government agency in a single day: (i) Cash received from the public for the purchase of a bond, ₦1,000,000; (ii) Cash paid to a contractor for the construction of a road, ₦500,000; (iii) Cash received from the sale of a vehicle, ₦200,000; (iv) Cash paid to an employee as salary, ₦300,000; (v) Cash received from the sale of a plot of land, ₦800,000. Determine the net increase in cash for the day.
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About This Question
This is Post Utme Unn 2023 Accounting Question 16. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.
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