Post Utme Bells University 2023 Accounting Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Bells University Accounting examination.

Post Utme Bells University 2023 Accounting Objective / Multiple Choice
Question 8 POST_UTME_BELLS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has the following transactions in its cash book: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | 10,000 | 0 | | 2 Jan | Cash paid to suppliers | 0 | 5,000 | | 3 Jan | Cash received from customers | 8,000 | 0 | | 4 Jan | Cash paid to employees | 0 | 3,000 | What is the balance on the cash account at the end of the period?

Answer Options

Correct Answer A. ₦13,000
B. ₦15,000
C. ₦17,000
D. ₦19,000
Correct Answer
A
Correct Option:
₦13,000

About This Question

This is Post Utme Bells University 2023 Accounting Question 8. It is one of the objective questions from the 2023 Post Utme Bells University Accounting examination.

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