Post Utme Bsu 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Bsu Accounting examination.

Post Utme Bsu 2021 Accounting Objective / Multiple Choice

Question 22 POST_UTME_BSU • 2021 • ACCOUNTING • objective

A company's trial balance shows the following balances: Accounts Payable ( ₦ 150,000 ), Accounts Receivable ( ₦ 200,000 ), Sales Revenue ( ₦ 500,000 ), Cost of Goods Sold ( ₦ 300,000 ). Determine the correct balance for the company's Cash account.

Correct Answer A. ( ₦ 50,000 )

B. ( ₦ 100,000 )

C. ( ₦ 150,000 )

D. ( ₦ 200,000 )

Correct Answer

Correct Option:

( ₦ 50,000 )

This is Post Utme Bsu 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Bsu Accounting examination.

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