Post Utme Unn 2025 Accounting Question 41

Practice objective / multiple choice question 41 from the 2025 Post Utme Unn Accounting examination.

Post Utme Unn 2025 Accounting Objective / Multiple Choice
Question 41 POST_UTME_UNN • 2025 • ACCOUNTING • objective

A trader records the following transactions in his journal: Debit Cash ₦10,000, Credit Sales ₦15,000, Debit Purchases ₦8,000, Credit Accounts Payable ₦6,000. What is the net effect on the trader's cash balance?

Answer Options

Correct Answer A. ₦2,000 increase
B. ₦2,000 decrease
C. ₦1,000 increase
D. ₦1,000 decrease
Correct Answer
A
Correct Option:
₦2,000 increase

About This Question

This is Post Utme Unn 2025 Accounting Question 41. It is one of the objective questions from the 2025 Post Utme Unn Accounting examination.

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