Post Utme Unilorin 2023 Accounting Question 26
Practice objective / multiple choice question 26 from the 2023 Post Utme Unilorin Accounting examination.
A government agency has the following transactions in its cash book: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash received from taxpayers | | 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 taxpayers | | 40,000 | What is the cash balance on 31 Jan?
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About This Question
This is Post Utme Unilorin 2023 Accounting Question 26. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.
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