Post Utme Bowen University 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2022 Accounting Objective / Multiple Choice

Question 25 POST_UTME_BOWEN_UNIVERSITY • 2022 • ACCOUNTING • objective

A company has the following incomplete records: Cash 10,000, Accounts Payable 5,000, and Sales 20,000. What is the net effect on the company's cash balance?

Answer Options

Correct Answer A. 15,000 increase

B. 5,000 decrease

C. 10,000 increase

D. 20,000 decrease

Correct Answer

Correct Option:

15,000 increase

About This Question

This is Post Utme Bowen University 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Bowen University Accounting examination.

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