Post Utme Bowen University 2023 Accounting Question 8

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

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 8 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | ₦0 | | 5 Jan | Sales | ₦0 | ₦20,000 | | 10 Jan | Cash | ₦0 | ₦15,000 | What is the correct balance in the Cash account?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

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

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