Post Utme Bowen University 2025 Accounting Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2025 Accounting Objective / Multiple Choice
Question 39 POST_UTME_BOWEN_UNIVERSITY • 2025 • ACCOUNTING • objective

A company maintains a cash book and bank reconciliation statement. The cash book balance as at 31 Dec is ₦150,000, while the bank statement balance as at 31 Dec is ₦120,000. The difference is due to a bank error. If the bank error is corrected, what is the new cash book balance?

Answer Options

A. ₦130,000
Correct Answer B. ₦140,000
C. ₦150,000
D. ₦160,000
Correct Answer
B
Correct Option:
₦140,000

About This Question

This is Post Utme Bowen University 2025 Accounting Question 39. It is one of the objective questions from the 2025 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.

Unlock Full Access Available for Android & Windows
Chat with Support