Post Utme Coal City University 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's public sector accounting records showed a cash balance of ₦1,00,000. The company's accounts payable were ₦1,00,000. Calculate the company's net cash position.

Answer Options

Correct Answer A. ₦1,00,000
B. ₦1,00,000
C. ₦1,00,000
D. ₦1,00,000
Correct Answer
A
Correct Option:
₦1,00,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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