Post Utme Wellspring University 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_WELLSPRING_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has a cash book that shows the following transactions: Cash received from customers: ₦500,000, Cash paid to suppliers: ₦200,000, Cash received from bank: ₦300,000. Using the cash book method, prepare a statement of cash flows for the company.

Answer Options

A. ₦600,000
B. ₦700,000
Correct Answer C. ₦800,000
D. ₦900,000
Correct Answer
C
Correct Option:
₦800,000

About This Question

This is Post Utme Wellspring University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Wellspring University Accounting examination.

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