Post Utme Aaua 2024 Accounting Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice
Question 23 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company's cash book shows the following transactions: 1st January 2023, Cash ₹1,000,000; 15th January 2023, Cash ₹500,000; 31st December 2023, Cash ₹2,000,000. Calculate the company's cash balance as at 31st December 2023.

Answer Options

A. ₦1,500,000
Correct Answer B. ₦2,000,000
C. ₦2,500,000
D. ₦3,000,000
Correct Answer
B
Correct Option:
₦2,000,000

About This Question

This is Post Utme Aaua 2024 Accounting Question 23. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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