Post Utme Abu 2023 Accounting Question 24
Practice objective / multiple choice question 24 from the 2023 Post Utme Abu Accounting examination.
A company uses the single-entry system of accounting. The company's ledger shows a debit balance of ₦30,000 in the Cash account. However, the company's bank statement shows a credit balance of ₦25,000 in the same account. What is the correct balance of the Cash account?
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About This Question
This is Post Utme Abu 2023 Accounting Question 24. It is one of the objective questions from the 2023 Post Utme Abu Accounting examination.
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