Post Utme Rsu 2024 Accounting Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 20 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company has an incomplete record of its transactions for the year. The company has a cash account with a balance of ₦100,000 at the beginning of the year. During the year, the company has a cash inflow of ₦200,000 and a cash outflow of ₦150,000. What is the balance in the cash account at the end of the year?

Answer Options

A. ₦150,000
Correct Answer B. ₦200,000
C. ₦250,000
D. ₦300,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Rsu 2024 Accounting Question 20. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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