Post Utme Bowen University 2018 Accounting Question 37
Practice objective / multiple choice question 37 from the 2018 Post Utme Bowen University Accounting examination.
A company's bank statement balance on December 31, 2022, was ₦150,000. The company's cash book balance on the same date was ₦120,000. The bank statement showed a credit balance of ₦20,000 for a customer's account that was not recorded in the cash book. The cash book showed a debit balance of ₦30,000 for a bank overdraft that was not recorded in the bank statement. What is the correct balance of the company's cash account?
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About This Question
This is Post Utme Bowen University 2018 Accounting Question 37. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.
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