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  9. Q11
Question 11

A debit balance of N1,000 in cash account means that

  • A.cash in hand is N1,000
  • B.cash has been overspent by N1,000
  • C.total cash paid out is N1,000
  • D.total cash received was less by N1,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2005
Question no.
#11
Type
Objective
Previous · Q10Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &… Next · Q12 The maximum level of cash held by by a cashier under an imprest system is a/an

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