Waec Model Questions Vol1 2025 Financial Accounting Question 3

Practice objective / multiple choice question 3 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 3 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

A cash book shows total cash receipts of ₦150,000 and total cash payments of ₦90,000. If the opening balance was ₦30,000, what is the closing balance in the cash book?

Answer Options

A. ₦70,000
B. ₦80,000
Correct Answer C. ₦90,000
D. ₦100,000
Correct Answer
C
Correct Option:
₦90,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 3. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support