Post Utme Aaua 2020 Accounting Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Aaua Accounting examination.

Post Utme Aaua 2020 Accounting Objective / Multiple Choice
Question 31 POST_UTME_AAUA • 2020 • ACCOUNTING • objective

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

A. ₦120,000
Correct Answer B. ₦130,000
C. ₦140,000
D. ₦150,000
Correct Answer
B
Correct Option:
₦130,000

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.

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