Post Utme Bells University 2021 Accounting Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Bells University Accounting examination.

Post Utme Bells University 2021 Accounting Objective / Multiple Choice
Question 15 POST_UTME_BELLS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has a cash balance of ₦500,000 and a bank overdraft of ₦200,000. Calculate the company's net cash position.

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦700,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦700,000

About This Question

This is Post Utme Bells University 2021 Accounting Question 15. It is one of the objective questions from the 2021 Post Utme Bells University Accounting examination.

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