Post Utme Wellspring University 2019 Accounting Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Wellspring University Accounting examination.

Post Utme Wellspring University 2019 Accounting Objective / Multiple Choice
Question 33 POST_UTME_WELLSPRING_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 Jan | Cash | ₦10,000 | | | 2 Jan | Bank | | ₦5,000 | | 3 Jan | Cash | | ₦8,000 | | 4 Jan | Bank | ₦12,000 | | | 5 Jan | Cash | | ₦6,000 | Calculate the cash balance on 5 January.

Answer Options

A. ₦2,000
B. ₦4,000
Correct Answer C. ₦6,000
D. ₦8,000
Correct Answer
C
Correct Option:
₦6,000

About This Question

This is Post Utme Wellspring University 2019 Accounting Question 33. It is one of the objective questions from the 2019 Post Utme Wellspring University Accounting examination.

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