Post Utme Unn 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Unn Accounting examination.

Post Utme Unn 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_UNN • 2018 • ACCOUNTING • objective

A company maintains a cash book in which all cash transactions are recorded. The cash book shows the following transactions: Cash: ₦50,000; Sales: ₦200,000; Purchases: ₦150,000; Wages: ₦30,000; Rent: ₦20,000; Depreciation: ₦10,000; Interest on Bank Loan: ₦5,000; Bank Loan: ₦30,000; Drawings: ₦10,000. Prepare the Cash Book for the year ended December 31, 2018.

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Unn 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Unn Accounting examination.

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