Post Utme Lautech 2024 Accounting Question 2
Practice objective / multiple choice question 2 from the 2024 Post Utme Lautech Accounting examination.
A company's trial balance as at December 31, 2024, is as follows: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦10,000 | | | Accounts Payable | | ₦5,000 | | Sales Revenue | | ₦100,000 | | Cost of Goods Sold | ₦50,000 | | | Net Income | | ₦20,000 | | Total | ₦60,000 | ₦125,000 | What is the correct balance of the Cash account?
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About This Question
This is Post Utme Lautech 2024 Accounting Question 2. It is one of the objective questions from the 2024 Post Utme Lautech Accounting examination.
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