Post Utme Greenfield University 2025 Accounting Question 7
Practice objective / multiple choice question 7 from the 2025 Post Utme Greenfield University Accounting examination.
A company uses the single-entry system of accounting. The company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Sales | | ₦15,000 | | 3 Jan | Purchases | ₦8,000 | | | 4 Jan | Cash | | ₦12,000 | What is the company's net cash balance on 4 Jan?
Answer Options
About This Question
This is Post Utme Greenfield University 2025 Accounting Question 7. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.