Post Utme Afe Babalola University 2023 Accounting Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2023 Accounting Objective / Multiple Choice
Question 7 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: 1. Cash received from customers ₦50,000. 2. Cash paid to suppliers ₦20,000. 3. Cash received from bank ₦10,000. 4. Cash paid to bank ₦5,000. What is the balance of the cash book at the end of the month?

Answer Options

A. ₦35,000
B. ₦40,000
C. ₦45,000
Correct Answer D. ₦50,000
Correct Answer
D
Correct Option:
₦50,000

About This Question

This is Post Utme Afe Babalola University 2023 Accounting Question 7. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Accounting examination.

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