Post Utme Achievers University 2024 Accounting Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2024 Accounting Objective / Multiple Choice
Question 31 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ACCOUNTING • objective

A company uses the single-entry system of accounting. The company's cash account shows a debit balance of ₦150,000. The company's bank statement shows a balance of ₦180,000. What is the amount of the company's outstanding checks?

Answer Options

Correct Answer A. ₦30,000
B. ₦60,000
C. ₦90,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦30,000

About This Question

This is Post Utme Achievers University 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Achievers University Accounting examination.

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