Post Utme Wellspring University 2019 Accounting Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2019 Accounting Objective / Multiple Choice
Question 38 POST_UTME_WELLSPRING_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: cash received from customers ₦50,000, cash paid to suppliers ₦20,000, and cash paid to employees ₦15,000. What is the net increase in cash?

Answer Options

A. ₦15,000
Correct Answer B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Wellspring University 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Wellspring University Accounting examination.

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