Post Utme Bsu 2023 Accounting Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Bsu Accounting examination.

Post Utme Bsu 2023 Accounting Objective / Multiple Choice
Question 3 POST_UTME_BSU • 2023 • ACCOUNTING • objective

A company's cash book for the year ended 31st December 2022 is as follows: Date | Debit | Credit | Balance -----|--------|--------|-------- 01/01/2022 | ₦100,000 | ₦0 | ₦100,000 15/02/2022 | ₦50,000 | ₦0 | ₦150,000 28/03/2022 | ₦0 | ₦200,000 | ₦-50,000 Calculate the company's bank overdraft at 31st December 2022.

Answer Options

A. ₦50,000
B. ₦100,000
Correct Answer C. ₦150,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦150,000

About This Question

This is Post Utme Bsu 2023 Accounting Question 3. It is one of the objective questions from the 2023 Post Utme Bsu Accounting examination.

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