Post Utme Wellspring University 2018 Accounting Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2018 Accounting Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions in its cash book: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1/1 | Cash | 10,000 | | | 1/2 | Sales | | 15,000 | | 1/3 | Purchases | 8,000 | | | 1/4 | Cash | | 5,000 | What is the balance in the cash account?

Answer Options

Correct Answer A. ₦7,000
B. ₦3,000
C. ₦5,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦7,000

About This Question

This is Post Utme Wellspring University 2018 Accounting Question 12. It is one of the objective questions from the 2018 Post Utme Wellspring University Accounting examination.

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