Post Utme Caleb University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_CALEB_UNIVERSITY • 2025 • ACCOUNTING • objective

A cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The bank charges for the month amount to ₦1,500. The cash book shows a debit balance of ₦2,000 for bank charges. What is the correct balance in the cash book?

Answer Options

A. ₦48,500
Correct Answer B. ₦49,500
C. ₦50,500
D. ₦51,500
Correct Answer
B
Correct Option:
₦49,500

About This Question

This is Post Utme Caleb University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Caleb University Accounting examination.

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