Post Utme Al Hikmah University 2025 Accounting Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 15 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦1,000 | | | 2 Jan | Bank | | ₦500 | | 3 Jan | Cash | | ₦200 | | 4 Jan | Bank | ₦300 | | | 5 Jan | Cash | | ₦150 | What is the balance in the bank on 5 January?

Answer Options

A. ₦1,250
Correct Answer B. ₦1,350
C. ₦1,450
D. ₦1,550
Correct Answer
B
Correct Option:
₦1,350

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 15. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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