Post Utme Unn 2022 Accounting Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Unn Accounting examination.

Post Utme Unn 2022 Accounting Objective / Multiple Choice
Question 25 POST_UTME_UNN • 2022 • ACCOUNTING • objective

A company uses the accrual method of accounting. The company's financial statements show a net income of ₦500,000. The company's cash flow statement shows a net cash inflow of ₦200,000. What is the correct amount of the company's cash balance?

Answer Options

A. ₦700,000
Correct Answer B. ₦800,000
C. ₦900,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦800,000

About This Question

This is Post Utme Unn 2022 Accounting Question 25. It is one of the objective questions from the 2022 Post Utme Unn Accounting examination.

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