Post Utme Esut 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Esut Accounting examination.

Post Utme Esut 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_ESUT • 2022 • ACCOUNTING • objective

The following is an extract from the financial statements of a company: Cash at Bank: ₦1,500,000 Cash in Hand: ₦200,000 Total Cash: ₦1,700,000 What is the amount of cash that should be reported in the statement of financial position?

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,700,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,700,000

About This Question

This is Post Utme Esut 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Esut Accounting examination.

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