Post Utme Madonna University 2023 Accounting Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2023 Accounting Objective / Multiple Choice
Question 13 POST_UTME_MADONNA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: Date | Description | Debit | Credit 2022-01-01 | Cash | ₦100,000 | 2022-01-05 | Sales | ₦150,000 | 2022-01-10 | Purchases | ₦80,000 | 2022-01-15 | Cash | ₦120,000 | What is the company's cash balance as at 31st January, 2022?

Answer Options

A. ₦220,000
B. ₦240,000
Correct Answer C. ₦260,000
D. ₦280,000
Correct Answer
C
Correct Option:
₦260,000

About This Question

This is Post Utme Madonna University 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Madonna University Accounting examination.

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