Use the following information to answer the question below
April 11:Sold goods for cash N50,000
April 20: Bought goods for cash N30,000
April 26: Bought postage stamp N5,000
April 28: Cash sales N49,000
April 29: Cash purchases N11,000
April 30: Paid salaries of N18,000
A. N99,000
B. N64,000
C. N50,000
D. N35,000
Correct Answer:
Option A = N99,000
Explanation
cash receipts = 50,000 + 49,000 = 99,000
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
400 Level Department of Entrepreneurship Development Centre exam questions and detailed answers. Download the answers in…
400 Level Department of Entrepreneurship Development Centre exam questions and detailed answers. Download the answers in…