Post Utme Unilorin 2022 Accounting Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2022 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNILORIN • 2022 • ACCOUNTING • objective
Post Utme Unilorin 2022 Accounting Question 40 diagram

A company's control account shows the following balance:

Answer Options

A. The company has a cash credit of ₦10,000.
Correct Answer B. The company has a cash debit of ₦10,000.
C. The company has a bank overdraft of ₦10,000.
D. The company has a bank loan of ₦10,000.
Correct Answer
B
Correct Option:
The company has a cash debit of ₦10,000.

About This Question

This is Post Utme Unilorin 2022 Accounting Question 40. It is one of the objective questions from the 2022 Post Utme Unilorin Accounting examination.

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