Post Utme Achievers University 2021 Accounting Question 38
Practice objective / multiple choice question 38 from the 2021 Post Utme Achievers University Accounting examination.
A company has the following transactions in its cash book: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | ₦100,000 | | | 15 Jan | Cash paid to suppliers | | ₦80,000 | | 20 Jan | Cash received from bank | ₦50,000 | | | 25 Jan | Cash paid to employees | | ₦30,000 | | 31 Jan | Cash received from customers | ₦120,000 | | What is the total cash balance at the end of January?
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About This Question
This is Post Utme Achievers University 2021 Accounting Question 38. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.
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