Post Utme Coal City University 2020 Commerce Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2020 Commerce Objective / Multiple Choice
Question 14 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A company has a cash balance of ₦100,000 and a credit balance of ₦50,000. If the company makes a payment of ₦20,000, what is the new cash balance?

Answer Options

Correct Answer A. ₦80,000
B. ₦90,000
C. ₦100,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Coal City University 2020 Commerce Question 14. It is one of the objective questions from the 2020 Post Utme Coal City University Commerce examination.

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