Post Utme Uniport 2018 Accounting Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Uniport Accounting examination.

Post Utme Uniport 2018 Accounting Objective / Multiple Choice
Question 3 POST_UTME_UNIPORT • 2018 • ACCOUNTING • objective

A company has a cash book with the following transactions: Date | Debit | Credit 01/01/2022 | ₦ 10,000 | ₦ 5,000 02/01/2022 | ₦ 8,000 | ₦ 12,000 03/01/2022 | ₦ 15,000 | ₦ 20,000 Calculate the cash balance on 03/01/2022.

Answer Options

A. ₦ 3,000
B. ₦ 5,000
Correct Answer C. ₦ 7,000
D. ₦ 9,000
Correct Answer
C
Correct Option:
₦ 7,000

About This Question

This is Post Utme Uniport 2018 Accounting Question 3. It is one of the objective questions from the 2018 Post Utme Uniport Accounting examination.

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