Post Utme Abu 2019 Accounting Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Abu Accounting examination.

Post Utme Abu 2019 Accounting Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2019 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. The bank statement shows a balance of ₦130,000. The bank reconciliation statement shows a difference of ₦5,000 due to an outstanding cheque. What is the correct balance of the company's cash book after reconciliation?

Answer Options

Correct Answer A. ₦125,000
B. ₦130,000
C. ₦120,000
D. ₦115,000
Correct Answer
A
Correct Option:
₦125,000

About This Question

This is Post Utme Abu 2019 Accounting Question 13. It is one of the objective questions from the 2019 Post Utme Abu Accounting examination.

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