Post Utme Unn 2020 Accounting Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company has a cash balance of ₦500,000 and a bank overdraft of ₦200,000. What is the company's net cash position?

Answer Options

Correct Answer A. ₦300,000
B. ₦400,000
C. ₦500,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦300,000

About This Question

This is Post Utme Unn 2020 Accounting Question 27. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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