Post Utme Coal City University 2021 Accounting Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Coal City University Accounting examination.
A company uses the double-entry system of accounting. The following transactions were recorded in the journal: Debit: Cash 10,000, Accounts Payable 20,000, Equipment 30,000 Credit: Common Stock 60,000. What is the balance in the Cash account after these transactions?
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About This Question
This is Post Utme Coal City University 2021 Accounting Question 26. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.
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