Post Utme Joseph Ayo Babalola University 2019 Accounting Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2019 Accounting Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's bank statement shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Bank | 10,000 | | | 2 Jan | Cash | | 10,000 | | 3 Jan | Bank | 5,000 | | | 4 Jan | Cash | | 5,000 | | 5 Jan | Bank | | 8,000 | What is the balance in the bank statement?

Answer Options

A. ₦3,000
B. ₦5,000
Correct Answer C. ₦8,000
D. ₦10,000
Correct Answer
C
Correct Option:
₦8,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Accounting Question 15. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

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