Post Utme Afe Babalola University 2024 Accounting Question 38
Practice objective / multiple choice question 38 from the 2024 Post Utme Afe Babalola University Accounting examination.
A company's Public Sector Accounting records show the following: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦5,000 | ₦0 | | Accounts Payable | ₦0 | ₦4,000 | | Sales Revenue | ₦0 | ₦12,000 | | Cost of Goods Sold | ₦0 | ₦8,000 | | Net Income | ₦0 | ₦4,000 | What is the correct balance of the company's Cash account?
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This is Post Utme Afe Babalola University 2024 Accounting Question 38. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Accounting examination.
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