Post Utme Rsu 2024 Accounting Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Rsu Accounting examination.

Post Utme Rsu 2024 Accounting Objective / Multiple Choice
Question 25 POST_UTME_RSU • 2024 • ACCOUNTING • objective

A company's trial balance shows the following: | Account | Debit | Credit | | --- | --- | --- | | Cash | 50,000 | | | Accounts Payable | | 30,000 | | Inventory | 70,000 | | | Equipment | | 80,000 | What is the correct amount of the company's cash account?

Answer Options

Correct Answer A. ₦50,000
B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦50,000

About This Question

This is Post Utme Rsu 2024 Accounting Question 25. It is one of the objective questions from the 2024 Post Utme Rsu Accounting examination.

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