Post Utme Lautech 2020 Accounting Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Lautech Accounting examination.

Post Utme Lautech 2020 Accounting Objective / Multiple Choice
Question 40 POST_UTME_LAUTECH • 2020 • ACCOUNTING • objective

A company has the following transactions in its general ledger: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | 10,000 | | | 15 Jan | Bank | | 8,000 | | 20 Jan | Cash | | 5,000 | What is the balance in the cash account?

Answer Options

A. ₦5,000
Correct Answer B. ₦10,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Lautech 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Lautech Accounting examination.

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