Post Utme Caleb University 2017 Accounting Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2017 Accounting Objective / Multiple Choice
Question 25 POST_UTME_CALEB_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's cash book shows a balance of ₦200,000. However, the bank statement shows a balance of ₦180,000. The bank reconciliation statement reveals that there is an outstanding cheque of ₦10,000 and a deposit in transit of ₦5,000. What is the correct balance of the company's cash book?

Answer Options

A. ₦190,000
B. ₦200,000
Correct Answer C. ₦210,000
D. ₦220,000
Correct Answer
C
Correct Option:
₦210,000

About This Question

This is Post Utme Caleb University 2017 Accounting Question 25. It is one of the objective questions from the 2017 Post Utme Caleb University Accounting examination.

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