Post Utme Uniben 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Uniben Accounting examination.

Post Utme Uniben 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNIBEN • 2018 • ACCOUNTING • objective

The following is a cash book for XYZ Ltd. for the year ended 31st December 2018: Date | Debit | Credit 1st Jan | ₦50,000 | Bank 15th Jan | Bank | ₦30,000 31st Jan | ₦20,000 | Cash 15th Feb | Cash | ₦40,000 31st Mar | ₦30,000 | Bank Determine the bank balance on 31st March 2018.

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Uniben 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Uniben Accounting examination.

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