Post Utme Achievers University 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company uses the cash book to record its transactions. The cash book shows a debit balance of ₦50,000. The bank statement shows a credit balance of ₦30,000. What is the correct balance of the company's cash account?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦50,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Achievers University 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Achievers University Accounting examination.

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