Post Utme Unilag 2017 Accounting Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Unilag Accounting examination.

Post Utme Unilag 2017 Accounting Objective / Multiple Choice
Question 7 POST_UTME_UNILAG • 2017 • ACCOUNTING • objective

A company has the following transactions in its cash book: Date | Debit | Credit -----|--------|-------- Jan 1 | ₦10,000 | ₦0 Jan 10 | ₦5,000 | ₦0 Jan 20 | ₦0 | ₦8,000 What is the balance in the cash account after these transactions?

Answer Options

A. ₦3,000
B. ₦8,000
Correct Answer C. ₦13,000
D. ₦18,000
Correct Answer
C
Correct Option:
₦13,000

About This Question

This is Post Utme Unilag 2017 Accounting Question 7. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.

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