Post Utme Uniosun 2022 Accounting Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2022 Accounting Objective / Multiple Choice
Question 15 POST_UTME_UNIOSUN • 2022 • ACCOUNTING • objective

A company uses the self-balancing ledger system to record its transactions. The company has a cash account that shows a balance of ₦100,000. The company also has a bank account that shows a balance of ₦80,000. What is the total balance of the company's cash and bank accounts?

Answer Options

Correct Answer A. ₦180,000
B. ₦200,000
C. ₦220,000
D. ₦240,000
Correct Answer
A
Correct Option:
₦180,000

About This Question

This is Post Utme Uniosun 2022 Accounting Question 15. It is one of the objective questions from the 2022 Post Utme Uniosun 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