Post Utme Eksu 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Eksu Accounting examination.

Post Utme Eksu 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_EKSU • 2017 • ACCOUNTING • objective

A company has a cash balance of ₦500,000. If the company receives a cash inflow of ₦200,000 and a cash outflow of ₦150,000, what is the new cash balance?

Answer Options

A. ₦550,000
B. ₦600,000
Correct Answer C. ₦650,000
D. ₦700,000
Correct Answer
C
Correct Option:
₦650,000

About This Question

This is Post Utme Eksu 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Eksu Accounting examination.

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