Post Utme Caleb University 2019 Accounting Question 5
Practice objective / multiple choice question 5 from the 2019 Post Utme Caleb University Accounting examination.
A company uses the single-entry system of accounting. The company's cash book shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash received from customers | 10,000 | 0 | | 1/2 | Cash paid to suppliers | 0 | 5,000 | | 1/3 | Cash received from bank | 8,000 | 0 | | 1/4 | Cash paid to employees | 0 | 12,000 | What is the journal entry to record the cash received from customers?
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About This Question
This is Post Utme Caleb University 2019 Accounting Question 5. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.
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