Post Utme Ksu 2023 Accounting Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Ksu Accounting examination.

Post Utme Ksu 2023 Accounting Objective / Multiple Choice
Question 4 POST_UTME_KSU • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash received from customers | ₦10,000 | | | 1/2 | Cash paid to suppliers | | ₦5,000 | | 1/3 | Cash received from bank | ₦20,000 | | | 1/4 | Cash paid to employees | | ₦15,000 | What is the balance in the cash book at the end of the period?

Answer Options

A. ₦5,000
B. ₦10,000
C. ₦20,000
Correct Answer D. ₦25,000
Correct Answer
D
Correct Option:
₦25,000

About This Question

This is Post Utme Ksu 2023 Accounting Question 4. It is one of the objective questions from the 2023 Post Utme Ksu Accounting examination.

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