Post Utme Bowen University 2017 Accounting Question 16
Practice objective / multiple choice question 16 from the 2017 Post Utme Bowen University Accounting examination.
A company's cash book shows a balance of ₦150,000. However, the bank statement shows a balance of ₦120,000. The difference of ₦30,000 is due to the following transactions: a deposit of ₦10,000, a withdrawal of ₦20,000, and an error in the cash book of ₦10,000. What is the correct balance in the cash book?
Answer Options
About This Question
This is Post Utme Bowen University 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Bowen 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.