Post Utme Futo 2022 Accounting Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Futo Accounting examination.

Post Utme Futo 2022 Accounting Objective / Multiple Choice
Question 20 POST_UTME_FUTO • 2022 • ACCOUNTING • objective

A company has a control account for its cash account. If the cash account has a debit balance of ₦50,000 and the control account has a credit balance of ₦20,000, what is the correct balance in the cash account?

Answer Options

A. ₦30,000
Correct Answer B. ₦50,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Futo 2022 Accounting Question 20. It is one of the objective questions from the 2022 Post Utme Futo Accounting examination.

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