Post Utme Afe Babalola University 2017 Accounting Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 21 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has a cash book balance of ₦50,000 and a bank statement balance of ₦60,000. The bank statement shows a credit balance of ₦5,000 for a dishonored cheque. What is the correct balance of the company's cash book?

Answer Options

A. ₦45,000
B. ₦50,000
Correct Answer C. ₦55,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦55,000

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 21. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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