Post Utme Babcock University 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_BABCOCK_UNIVERSITY • 2021 • ACCOUNTING • objective

A firm's cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The firm's cash book also shows a debit balance of ₦10,000 in the 'Office Expenses' account. What is the correct balance in the cash book?

Answer Options

A. ₦40,000
B. ₦50,000
Correct Answer C. ₦60,000
D. ₦70,000
Correct Answer
C
Correct Option:
₦60,000

About This Question

This is Post Utme Babcock University 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Babcock University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support