Post Utme Lautech 2018 Accounting Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Lautech Accounting examination.

Post Utme Lautech 2018 Accounting Objective / Multiple Choice
Question 5 POST_UTME_LAUTECH • 2018 • 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 | ₦8,000 | | | 4th Jan | Bank | | ₦12,000 | What is the correct balance of the company's bank account at the end of the month?

Answer Options

A. ₦27,000
Correct Answer B. ₦31,000
C. ₦35,000
D. ₦39,000
Correct Answer
B
Correct Option:
₦31,000

About This Question

This is Post Utme Lautech 2018 Accounting Question 5. It is one of the objective questions from the 2018 Post Utme Lautech Accounting examination.

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