Post Utme Achievers University 2024 Accounting Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2024 Accounting Objective / Multiple Choice
Question 38 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash received from customers | 1,000 | 0 | | 1/2 | Cash paid to suppliers | 0 | 500 | | 1/3 | Cash received from customers | 800 | 0 | | 1/4 | Cash paid to employees | 0 | 300 | What is the total cash balance at the end of January?

Answer Options

Correct Answer A. ₦1,500
B. ₦1,200
C. ₦1,800
D. ₦2,000
Correct Answer
A
Correct Option:
₦1,500

About This Question

This is Post Utme Achievers University 2024 Accounting Question 38. It is one of the objective questions from the 2024 Post Utme Achievers University Accounting examination.

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