Post Utme Summit University 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Summit University Accounting examination.

Post Utme Summit University 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ACCOUNTING • objective

A cash book shows the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash | 1,000 | | | 2/1 | Bank | | 500 | | 3/1 | Cash | | 1,500 | | 4/1 | Bank | | 1,000 | What is the balance in the cash book?

Answer Options

A. ₦1,500
Correct Answer B. ₦2,000
C. ₦2,500
D. ₦3,000
Correct Answer
B
Correct Option:
₦2,000

About This Question

This is Post Utme Summit University 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Summit University Accounting examination.

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