Post Utme Covenant University 2020 Accounting Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2020 Accounting Objective / Multiple Choice
Question 15 POST_UTME_COVENANT_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 10,000 | | | 2nd Jan | Bank | | 5,000 | | 3rd Jan | Cash | | 8,000 | | 4th Jan | Bank | | 3,000 | | 5th Jan | Cash | | 12,000 | What is the balance of the cash book?

Answer Options

A. ₦5,000
B. ₦10,000
C. ₦15,000
Correct Answer D. ₦20,000
Correct Answer
D
Correct Option:
₦20,000

About This Question

This is Post Utme Covenant University 2020 Accounting Question 15. It is one of the objective questions from the 2020 Post Utme Covenant University Accounting examination.

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