Post Utme Futa 2018 Accounting Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Futa Accounting examination.

Post Utme Futa 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_FUTA • 2018 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Bank | | ₦15,000 | | 3 Jan | Cash | | ₦20,000 | | 4 Jan | Bank | ₦30,000 | | | 5 Jan | Cash | | ₦25,000 | What is the balance of the bank account?

Answer Options

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

About This Question

This is Post Utme Futa 2018 Accounting Question 9. It is one of the objective questions from the 2018 Post Utme Futa Accounting examination.

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