Post Utme Afe Babalola University 2025 Accounting Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Afe Babalola University Accounting examination.

Post Utme Afe Babalola University 2025 Accounting Objective / Multiple Choice
Question 1 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦250,000. However, the bank statement shows a balance of ₦280,000. The difference is due to a bank error. What is the correct balance in the cash book?

Answer Options

A. ₦30,000
Correct Answer B. ₦20,000
C. ₦10,000
D. ₦5,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Afe Babalola University 2025 Accounting Question 1. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Accounting examination.

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