Post Utme Crawford University 2018 Accounting Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2018 Accounting Objective / Multiple Choice
Question 17 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ACCOUNTING • objective

A business has the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Bank | | ₦15,000 | | 3 Jan | Sales | | ₦20,000 | | 4 Jan | Purchases | ₦5,000 | | What is the balance on the cash account?

Answer Options

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

About This Question

This is Post Utme Crawford University 2018 Accounting Question 17. It is one of the objective questions from the 2018 Post Utme Crawford University Accounting examination.

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