Post Utme Christopher University 2020 Accounting Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2020 Accounting Objective / Multiple Choice
Question 37 POST_UTME_CHRISTOPHER_UNIVERSITY • 2020 • ACCOUNTING • objective

The following are the details of a company's cash book for the year ended 31st December 2022: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦1,000,000 | | | 15th Jan | Bank | | ₦800,000 | | 20th Jan | Cash | | ₦500,000 | | 25th Jan | Bank | ₦200,000 | | | 31st Dec | Cash | | ₦1,000,000 | Calculate the company's bank balance as at 31st December 2022.

Answer Options

A. ₦1,200,000
B. ₦1,500,000
Correct Answer C. ₦1,800,000
D. ₦2,000,000
Correct Answer
C
Correct Option:
₦1,800,000

About This Question

This is Post Utme Christopher University 2020 Accounting Question 37. It is one of the objective questions from the 2020 Post Utme Christopher University Accounting examination.

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