Post Utme Ui 2023 Accounting Question 27

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

Post Utme Ui 2023 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UI • 2023 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦ 1,000 | | | 2nd Jan | Bank | | ₦ 500 | | 3rd Jan | Cash | | ₦ 200 | | 4th Jan | Bank | ₦ 300 | | | 5th Jan | Cash | | ₦ 400 | What is the balance in the cash account?

Answer Options

A. ₦ 1,200
B. ₦ 1,300
Correct Answer C. ₦ 1,400
D. ₦ 1,500
Correct Answer
C
Correct Option:
₦ 1,400

About This Question

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

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support