Waec Model Questions Vol1 2025 Financial Accounting Question 10

Practice objective / multiple choice question 10 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 10 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A cash book shows the following transactions: Cash sales of ₦10,000, Cash purchases of ₦4,000, and Cash expenses of ₦2,000. What is the closing balance of the cash book at the end of the period?

Answer Options

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

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 10. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

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