Post Utme Coal City University 2019 Accounting Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2019 Accounting Objective / Multiple Choice
Question 38 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: Date 31st January 2022 ₦1,000,000 31st March 2022 ₦500,000 31st May 2022 ₦200,000 31st July 2022 ₦300,000 31st September 2022 ₦400,000 31st November 2022 ₦600,000 What is the total cash balance of the company as at 31st December 2022?

Answer Options

A. ₦2,500,000
B. ₦2,600,000
C. ₦2,700,000
Correct Answer D. ₦2,800,000
Correct Answer
D
Correct Option:
₦2,800,000

About This Question

This is Post Utme Coal City University 2019 Accounting Question 38. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.

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