Post Utme Christopher University 2025 Accounting Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2025 Accounting Objective / Multiple Choice
Question 16 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's cash book shows a balance of ₦120,000. However, the bank statement shows a balance of ₦100,000. The bank reconciliation statement reveals that there is an outstanding cheque of ₦20,000 and a deposit of ₦10,000 that has not been credited to the account. What is the correct balance of the company's cash book?

Answer Options

Correct Answer A. ₦110,000
B. ₦120,000
C. ₦130,000
D. ₦140,000
Correct Answer
A
Correct Option:
₦110,000

About This Question

This is Post Utme Christopher University 2025 Accounting Question 16. It is one of the objective questions from the 2025 Post Utme Christopher University Accounting examination.

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