Post Utme Futa 2019 Accounting Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Futa Accounting examination.

Post Utme Futa 2019 Accounting Objective / Multiple Choice
Question 40 POST_UTME_FUTA • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 1,000 | | | 2nd Jan | Sales | | 1,500 | | 3rd Jan | Purchases | 800 | | | 4th Jan | Cash | | 1,200 | What is the balance of the cash account?

Answer Options

A. ₦700
Correct Answer B. ₦800
C. ₦900
D. ₦1,000
Correct Answer
B
Correct Option:
₦800

About This Question

This is Post Utme Futa 2019 Accounting Question 40. It is one of the objective questions from the 2019 Post Utme Futa Accounting examination.

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