Post Utme Christopher University 2021 Accounting Question 18
Practice objective / multiple choice question 18 from the 2021 Post Utme Christopher University Accounting examination.
A company has the following trial balance as at December 31, 2022: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦100,000 | | | Accounts Payable | | ₦50,000 | | Sales Revenue | | ₦200,000 | | Cost of Goods Sold | ₦150,000 | | | Net Income | | ₦50,000 | | Total | ₦150,000 | ₦300,000 | What is the correct balance of the Cash account?
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About This Question
This is Post Utme Christopher University 2021 Accounting Question 18. It is one of the objective questions from the 2021 Post Utme Christopher University Accounting examination.
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