Post Utme Lautech 2023 Accounting Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 28 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash received from customers ₦100,000, Cash paid to suppliers ₦50,000, Cash received from bank ₦20,000, and Cash paid to bank ₦10,000. Prepare the company's cash book.

Answer Options

Correct Answer A. Cash ₦80,000, Bank ₦30,000
B. Cash ₦60,000, Bank ₦40,000
C. Cash ₦40,000, Bank ₦60,000
D. Cash ₦30,000, Bank ₦70,000
Correct Answer
A
Correct Option:
Cash ₦80,000, Bank ₦30,000

About This Question

This is Post Utme Lautech 2023 Accounting Question 28. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

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