Post Utme Oau 2023 Accounting Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Oau Accounting examination.

Post Utme Oau 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_OAU • 2023 • ACCOUNTING • objective

A company has the following transactions in its cash book: Debit: - Cash 1,000 - Bank 500 Credit: - Bank 1,500 What is the net effect of these transactions on the cash balance?

Answer Options

A. 1,000
B. 500
C. 1,500
Correct Answer D. 0
Correct Answer
D

About This Question

This is Post Utme Oau 2023 Accounting Question 27. It is one of the objective questions from the 2023 Post Utme Oau Accounting examination.

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