Post Utme Abu 2017 Accounting Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Abu Accounting examination.

Post Utme Abu 2017 Accounting Objective / Multiple Choice
Question 11 POST_UTME_ABU • 2017 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦150,000. The difference is due to a bank overdraft of ₦30,000. What is the correct balance in the cash book?

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Abu 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Abu Accounting examination.

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