Post Utme Babcock University 2023 Accounting Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2023 Accounting Objective / Multiple Choice
Question 34 POST_UTME_BABCOCK_UNIVERSITY • 2023 • 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 'bank' account. What is the correct balance in the firm's 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 2023 Accounting Question 34. It is one of the objective questions from the 2023 Post Utme Babcock University Accounting examination.

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