Post Utme Lautech 2024 Accounting Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Lautech Accounting examination.

Post Utme Lautech 2024 Accounting Objective / Multiple Choice
Question 24 POST_UTME_LAUTECH • 2024 • ACCOUNTING • objective

A company's cash book for the year ended 31st December 2023 is as follows: Debit: Cash:₦ 10,000 Bank:₦ 20,000 Credit: Cash:₦ 15,000 Bank:₦ 30,000 Calculate the bank balance at the end of the year.

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 2024 Accounting Question 24. It is one of the objective questions from the 2024 Post Utme Lautech Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support