Post Utme Uniben 2025 Accounting Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Uniben Accounting examination.

Post Utme Uniben 2025 Accounting Objective / Multiple Choice
Question 35 POST_UTME_UNIBEN • 2025 • ACCOUNTING • objective

A company's balance sheet shows a trade receivable of ₦150,000 and a trade payable of ₦120,000. Calculate the net effect on the company's cash position.

Answer Options

A. ₦30,000 increase in cash
Correct Answer B. ₦30,000 decrease in cash
C. ₦30,000 increase in cash
D. ₦30,000 decrease in cash
Correct Answer
B
Correct Option:
₦30,000 decrease in cash

About This Question

This is Post Utme Uniben 2025 Accounting Question 35. It is one of the objective questions from the 2025 Post Utme Uniben Accounting examination.

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