Post Utme Esut 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice
Question 30 POST_UTME_ESUT • 2024 • COMMERCE • objective

A sole trader has a cash balance of ₦50,000 and a bank overdraft of ₦20,000. What is the sole trader's net cash position?

Answer Options

A. ₦30,000
Correct Answer B. ₦40,000
C. ₦50,000
D. ₦60,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Esut 2024 Commerce Question 30. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support