Post Utme Joseph Ayo Babalola University 2022 Accounting Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2022 Accounting Objective / Multiple Choice
Question 34 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦10,000 | | | 2nd Jan | Bank | | ₦15,000 | | 3rd Jan | Cash | ₦5,000 | | | 4th Jan | Bank | | ₦20,000 | What is the balance in the bank account at the end of the month?

Answer Options

A. ₦25,000
B. ₦30,000
C. ₦35,000
Correct Answer D. ₦40,000
Correct Answer
D
Correct Option:
₦40,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Accounting Question 34. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Accounting examination.

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