Post Utme Oau 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Oau Accounting examination.

Post Utme Oau 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_OAU • 2017 • ACCOUNTING • objective

A company's balance sheet shows a debit balance of ₦50,000 in the suspense account. The company's cash account has a credit balance of ₦20,000. What is the amount to be transferred from the suspense account to the cash account?

Answer Options

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

About This Question

This is Post Utme Oau 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Oau Accounting examination.

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