Post Utme Al Hikmah University 2024 Accounting Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2024 Accounting Objective / Multiple Choice
Question 33 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ACCOUNTING • objective

A cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The difference is due to an outstanding cheque of ₦5,000 and a bank overdraft of ₦5,000. Calculate the correct balance.

Answer Options

A. ₦55,000
B. ₦60,000
Correct Answer C. ₦65,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦65,000

About This Question

This is Post Utme Al Hikmah University 2024 Accounting Question 33. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Accounting examination.

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