Post Utme Noun 2021 Accounting Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Noun Accounting examination.

Post Utme Noun 2021 Accounting Objective / Multiple Choice
Question 34 POST_UTME_NOUN • 2021 • ACCOUNTING • objective

A company's bank reconciliation statement for the year ended 31st December 2020 is as follows: Bank balance: ₦500,000; Cash in hand: ₦200,000. What is the company's cash balance at the end of the year?

Answer Options

A. ₦700,000
Correct Answer B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦800,000

About This Question

This is Post Utme Noun 2021 Accounting Question 34. It is one of the objective questions from the 2021 Post Utme Noun Accounting examination.

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