Post Utme Eksu 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A company has the following transactions related to its cash and bank accounts: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | Jan 1 | Cash | 10,000 | | | Jan 15 | Bank | | 5,000 | | Feb 1 | Cash | | 8,000 | | Mar 1 | Bank | 12,000 | | What is the total amount of bank transactions for the period January 1, 2022, to March 31, 2022?

Answer Options

A. ₦19,000
B. ₦20,000
Correct Answer C. ₦21,000
D. ₦22,000
Correct Answer
C
Correct Option:
₦21,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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