Post Utme Noun 2017 Accounting Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Noun Accounting examination.

Post Utme Noun 2017 Accounting Objective / Multiple Choice
Question 36 POST_UTME_NOUN • 2017 • ACCOUNTING • objective

A company has the following transactions in its cash book: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 10,000 | | | 1st Jan | Bank | | 10,000 | | 15th Jan | Cash | | 5,000 | | 15th Jan | Bank | 5,000 | | | 31st Dec | Cash | | 15,000 | | 31st Dec | Bank | 15,000 | | The cash book balance is ₦5,000. What is the bank balance?

Answer Options

A. ₦10,000
Correct Answer B. ₦15,000
C. ₦20,000
D. ₦25,000
Correct Answer
B
Correct Option:
₦15,000

About This Question

This is Post Utme Noun 2017 Accounting Question 36. It is one of the objective questions from the 2017 Post Utme Noun Accounting examination.

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