Post Utme Oau 2023 Accounting Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Oau Accounting examination.

Post Utme Oau 2023 Accounting Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2023 • ACCOUNTING • objective

A company's cash book for the year ended 31st December 2022 is as follows: Cash at Bank: ₦500,000; Cash in Hand: ₦200,000; Bank Overdraft: ₦300,000. Calculate the total cash and bank balance.

Answer Options

A. ₦1,000,000
B. ₦1,100,000
Correct Answer C. ₦1,200,000
D. ₦1,300,000
Correct Answer
C
Correct Option:
₦1,200,000

About This Question

This is Post Utme Oau 2023 Accounting Question 39. It is one of the objective questions from the 2023 Post Utme Oau Accounting 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