Post Utme Noun 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Noun Accounting examination.

Post Utme Noun 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_NOUN • 2019 • ACCOUNTING • objective

A government agency has the following transactions for the year: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1-Jan | Cash | ₦100,000 | | | 15-Jan | Office Supplies | | ₦20,000 | | 31-Jan | Salaries | | ₦50,000 | What is the total amount of cash at the end of the year?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Noun 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Noun Accounting examination.

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