Post Utme Aaua 2020 Accounting Question 31
Practice objective / multiple choice question 31 from the 2020 Post Utme Aaua Accounting examination.
A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. The difference of ₦30,000 is due to a dishonored cheque of ₦10,000, a bank charge of ₦5,000, and an error in the cash book of ₦15,000. What is the correct balance in the cash book?
Answer Options
About This Question
This is Post Utme Aaua 2020 Accounting Question 31. It is one of the objective questions from the 2020 Post Utme Aaua Accounting examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.