Post Utme Covenant University 2019 Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Covenant University Accounting examination.
A company has the following transactions related to its cash account: Jan 1: Cash in bank: ₦100,000 Jan 10: Cash received from customers: ₦50,000 Jan 15: Cash paid to suppliers: ₦20,000 Jan 20: Cash received from customers: ₦30,000 Jan 25: Cash paid to employees: ₦15,000 What is the balance in the cash account on January 31?
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About This Question
This is Post Utme Covenant University 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.
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