Post Utme Lautech 2017 Accounting Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Lautech Accounting examination.

Post Utme Lautech 2017 Accounting Objective / Multiple Choice
Question 19 POST_UTME_LAUTECH • 2017 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash Sale ₦100,000, Cash Purchase ₦50,000, and Bank Deposit ₦20,000. What is the correct balance in the cash book?

Answer Options

A. ₦70,000
B. ₦80,000
C. ₦90,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Lautech 2017 Accounting Question 19. It is one of the objective questions from the 2017 Post Utme Lautech Accounting examination.

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