Post Utme Caleb University 2018 Accounting Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2018 Accounting Objective / Multiple Choice
Question 38 POST_UTME_CALEB_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Sales | | ₦15,000 | | 3 Jan | Purchases | ₦8,000 | | | 4 Jan | Cash | | ₦12,000 | What is the balance in the cash account?

Answer Options

A. ₦2,000
B. ₦4,000
Correct Answer C. ₦6,000
D. ₦8,000
Correct Answer
C
Correct Option:
₦6,000

About This Question

This is Post Utme Caleb University 2018 Accounting Question 38. It is one of the objective questions from the 2018 Post Utme Caleb University Accounting examination.

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