Post Utme Bells University 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Bells University Accounting examination.

Post Utme Bells University 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_BELLS_UNIVERSITY • 2018 • 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 overdraft of ₦30,000. What is the correct balance in the cash book?

Answer Options

A. ₦250,000
B. ₦260,000
C. ₦270,000
Correct Answer D. ₦280,000
Correct Answer
D
Correct Option:
₦280,000

About This Question

This is Post Utme Bells University 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Bells 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