Post Utme Igbinedion University 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a cash book that shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash | 10,000 | | | 1/2 | Sales | | 15,000 | | 1/3 | Purchase | 8,000 | | | 1/4 | Cash | | 12,000 | What is the balance of the cash account after all transactions have been recorded?

Answer Options

A. ₦2,000
B. ₦4,000
C. ₦6,000
Correct Answer D. ₦8,000
Correct Answer
D
Correct Option:
₦8,000

About This Question

This is Post Utme Igbinedion University 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.

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