Post Utme Redeemers University 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: Cash Sales ₦50,000, Cash Purchases ₦30,000, Cash Received from Customers ₦20,000. What is the correct balance of the company's cash account?

Answer Options

A. ₦40,000
Correct Answer B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Redeemers University 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Redeemers University Accounting examination.

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