Post Utme Veritas University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash received from customers ₦50,000, Cash paid to suppliers ₦30,000. What is the net increase in cash?

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Veritas University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Veritas University Accounting examination.

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