Post Utme Unn 2025 Accounting Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A company has the following trial balance as at 31st December 2024: | Account | Debit | Credit | | --- | --- | --- | | Cash | ₦50,000 | | | Accounts Payable | | ₦30,000 | | Sales Revenue | | ₦200,000 | | Cost of Goods Sold | ₦150,000 | | | Net Income | | ₦50,000 | What is the correct balance for the Cash account?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Unn 2025 Accounting Question 34. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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