Post Utme Bowen University 2019 Accounting Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2019 Accounting Objective / Multiple Choice
Question 17 POST_UTME_BOWEN_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has a cash book that shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash | ₦1000 | | | 1/2 | Sales | | ₦2000 | | 1/3 | Purchases | ₦500 | | | 1/4 | Cash | | ₦1500 | What is the balance in the cash account?

Answer Options

A. ₦500
B. ₦1000
Correct Answer C. ₦1500
D. ₦2000
Correct Answer
C
Correct Option:
₦1500

About This Question

This is Post Utme Bowen University 2019 Accounting Question 17. It is one of the objective questions from the 2019 Post Utme Bowen University Accounting examination.

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