Post Utme Uniben 2021 Accounting Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Uniben Accounting examination.

Post Utme Uniben 2021 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNIBEN • 2021 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦ 1,000 | | | 2nd Jan | Sales | | ₦ 500 | | 3rd Jan | Cash | | ₦ 200 | | 4th Jan | Purchases | ₦ 300 | | | 5th Jan | Cash | | ₦ 400 | What is the balance of 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 Uniben 2021 Accounting Question 2. It is one of the objective questions from the 2021 Post Utme Uniben Accounting examination.

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