Post Utme Veritas University 2018 Accounting Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2018 Accounting Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book showed a balance of ₠ 20,000. The company also had a bank overdraft of ₠ 10,000. Calculate the net cash position.

Answer Options

A. ₠ 10,000
B. ₠ 10,500
Correct Answer C. ₠ 11,000
D. ₠ 12,000
Correct Answer
C
Correct Option:
₠ 11,000

About This Question

This is Post Utme Veritas University 2018 Accounting Question 25. It is one of the objective questions from the 2018 Post Utme Veritas University 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