Post Utme Afe Babalola University 2017 Accounting Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2017 Accounting Objective / Multiple Choice
Question 22 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ACCOUNTING • objective

A company has an incomplete record of its transactions. The company's cash book shows a balance of ₦20,000 and the bank statement shows a balance of ₦25,000. The bank statement also shows a credit balance of ₦2,000 for a dishonored cheque. What is the correct balance of the company's cash book?

Answer Options

A. ₦18,000
B. ₦20,000
Correct Answer C. ₦22,000
D. ₦25,000
Correct Answer
C
Correct Option:
₦22,000

About This Question

This is Post Utme Afe Babalola University 2017 Accounting Question 22. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Accounting examination.

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