Post Utme Elizade University 2018 Accounting Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2018 Accounting Objective / Multiple Choice
Question 8 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has a cash balance of ₦500,000 and a bank overdraft of ₦200,000. The company also has a credit balance of ₦150,000 in a bank account. Prepare a cash flow statement for the company.

Answer Options

A. ₦750,000
Correct Answer B. ₦850,000
C. ₦950,000
D. ₦1,050,000
Correct Answer
B
Correct Option:
₦850,000

About This Question

This is Post Utme Elizade University 2018 Accounting Question 8. It is one of the objective questions from the 2018 Post Utme Elizade University Accounting examination.

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