Post Utme Ims U 2018 Accounting Question 9

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

Post Utme Ims U 2018 Accounting Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2018 • ACCOUNTING • objective

A company's cash book shows the following transactions: Debit: ₦5,000, Credit: ₦3,000. What is the net effect on the cash book balance?

Answer Options

A. ₦2,000 increase
Correct Answer B. ₦2,000 decrease
C. ₦5,000 increase
D. ₦5,000 decrease
Correct Answer
B
Correct Option:
₦2,000 decrease

About This Question

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

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