Post Utme Unilag 2017 Accounting Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Unilag Accounting examination.

Post Utme Unilag 2017 Accounting Objective / Multiple Choice
Question 10 POST_UTME_UNILAG • 2017 • ACCOUNTING • objective

A government agency has the following transactions in its cash book: Date | Debit | Credit -----|--------|-------- Jan 1 | ₦50,000 | ₦0 Jan 10 | ₦20,000 | ₦0 Jan 20 | ₦0 | ₦30,000 What is the balance in the cash account after these transactions?

Answer Options

A. ₦20,000
B. ₦30,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Unilag 2017 Accounting Question 10. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.

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