Post Utme Unilorin 2025 Accounting Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2025 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UNILORIN • 2025 • ACCOUNTING • objective

A company uses the double-entry system of accounting. The following transactions are recorded in the journal: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Cash | ₦10,000 | | | 1st Jan | Bank | | ₦10,000 | | 2nd Jan | Rent | | ₦5,000 | | 3rd Jan | Cash | ₦5,000 | | What is the correct ledger account for the Cash account?

Answer Options

A. ₦15,000
Correct Answer B. ₦10,000
C. ₦5,000
D. ₦0
Correct Answer
B
Correct Option:
₦10,000

About This Question

This is Post Utme Unilorin 2025 Accounting Question 22. It is one of the objective questions from the 2025 Post Utme Unilorin Accounting examination.

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