Post Utme Unilorin 2020 Accounting Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2020 Accounting Objective / Multiple Choice
Question 11 POST_UTME_UNILORIN • 2020 • ACCOUNTING • objective

A company has a cash book account with the following transactions: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | 10,000 | 0 | | 15 Jan | Cash paid to suppliers | 0 | 5,000 | | 20 Jan | Cash received from customers | 8,000 | 0 | | 25 Jan | Cash paid to employees | 0 | 3,000 | What is the balance on the cash book account on 25 Jan?

Answer Options

A. ₦13,000
Correct Answer B. ₦15,000
C. ₦17,000
D. ₦19,000
Correct Answer
B
Correct Option:
₦15,000

About This Question

This is Post Utme Unilorin 2020 Accounting Question 11. It is one of the objective questions from the 2020 Post Utme Unilorin Accounting examination.

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