Post Utme Unn 2023 Accounting Question 2
Practice objective / multiple choice question 2 from the 2023 Post Utme Unn Accounting examination.
A government agency is required to prepare a statement of cash flows. The agency's cash balance at the beginning of the year was ₦1,000,000. During the year, it received ₦2,500,000 in cash from customers, paid ₦1,800,000 in cash to suppliers, and invested ₦1,200,000 in a new project. What is the net increase in cash for the year?
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About This Question
This is Post Utme Unn 2023 Accounting Question 2. It is one of the objective questions from the 2023 Post Utme Unn Accounting examination.
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