Post Utme Unilorin 2017 Accounting Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2017 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNILORIN • 2017 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | 1,000 | | | 2nd Jan | Bank | | 1,000 | | 3rd Jan | Cash | | 500 | | 4th Jan | Bank | 500 | | | 5th Jan | Cash | | 1,000 | | 6th Jan | Bank | 1,000 | | | 7th Jan | Cash | | 500 | | 8th Jan | Bank | 500 | | | 9th Jan | Cash | | 1,000 | | 10th Jan | Bank | 1,000 | | What is the balance in the cash account on 10th Jan?

Answer Options

A. ₦0
B. ₦500
Correct Answer C. ₦1,000
D. ₦1,500
Correct Answer
C
Correct Option:
₦1,000

About This Question

This is Post Utme Unilorin 2017 Accounting Question 3. It is one of the objective questions from the 2017 Post Utme Unilorin Accounting examination.

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