Post Utme Al Hikmah University 2020 Accounting Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2020 Accounting Objective / Multiple Choice
Question 9 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's cash book for the year ended 31st December 2022 is as follows: Cash at Bank: ₦200,000, Cash in Hand: ₦50,000, Bank Overdraft: ₦150,000. Calculate the total cash and bank balance.

Answer Options

A. ₦400,000
B. ₦450,000
Correct Answer C. ₦500,000
D. ₦550,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Al Hikmah University 2020 Accounting Question 9. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Accounting examination.

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