Post Utme Bells University 2018 Accounting Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Bells University Accounting examination.

Post Utme Bells University 2018 Accounting Objective / Multiple Choice
Question 22 POST_UTME_BELLS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions in its cash book: Debit: ₦100,000; Credit: ₦150,000. What is the correct balance in the cash book?

Answer Options

A. ₦50,000
B. ₦0
Correct Answer C. -₦50,000
D. ₦50,000
Correct Answer
C
Correct Option:
-₦50,000

About This Question

This is Post Utme Bells University 2018 Accounting Question 22. It is one of the objective questions from the 2018 Post Utme Bells University Accounting examination.

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