Post Utme Futo 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Futo Accounting examination.

Post Utme Futo 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_FUTO • 2017 • ACCOUNTING • objective

A company's incomplete records showed the following transactions: 1st January, 2022, Cash, ₦10,000; 5th January, 2022, Bank, ₦5,000; 10th January, 2022, Cash, ₦20,000. Prepare the Single Entry System as at 31st January, 2022.

Answer Options

A. ₦35,000
B. ₦40,000
Correct Answer C. ₦45,000
D. ₦50,000
Correct Answer
C
Correct Option:
₦45,000

About This Question

This is Post Utme Futo 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Futo Accounting examination.

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