Post Utme Caleb University 2018 Accounting Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2018 Accounting Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's ledger shows a debit balance of ₦120,000 in the cash account. The bank statement shows a balance of ₦150,000. What is the correct balance of the company's cash account?

Answer Options

A. ₦120,000
B. ₦130,000
C. ₦140,000
Correct Answer D. ₦150,000
Correct Answer
D
Correct Option:
₦150,000

About This Question

This is Post Utme Caleb University 2018 Accounting Question 33. It is one of the objective questions from the 2018 Post Utme Caleb 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