Post Utme Al Hikmah University 2020 Accounting Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice
Question 2 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has a cash book account with a balance of ₦150,000. The company receives a cash deposit of ₦50,000 and pays a bill of ₦20,000. What is the new balance of the cash book account?

Answer Options

Correct Answer A. ₦180,000
B. ₦170,000
C. ₦160,000
D. ₦150,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

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