Post Utme Unilorin 2023 Accounting Question 22
Practice objective / multiple choice question 22 from the 2023 Post Utme Unilorin Accounting examination.
A company has the following transactions in its cash book: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from customers | | 100,000 | | 15 Jan | Cash paid to suppliers | 50,000 | | | 20 Jan | Cash received from bank | | 20,000 | | 25 Jan | Cash paid to employees | 30,000 | | | 31 Jan | Cash received from customers | | 40,000 | What is the cash balance on 31 Jan?
Answer Options
About This Question
This is Post Utme Unilorin 2023 Accounting Question 22. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.