Post Utme Unilorin 2021 Accounting Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2021 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNILORIN • 2021 • ACCOUNTING • objective

A company's cash book shows the following transactions: Date | Debit | Credit -----|-------|-------- 1/1 | ₦10,000 | ₦0 1/15 | ₦5,000 | ₦0 1/30 | ₦0 | ₦15,000 What is the company's cash balance at the end of January?

Answer Options

A. ₦15,000
Correct Answer B. ₦20,000
C. ₦25,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Unilorin 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Unilorin Accounting examination.

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