Post Utme Coal City University 2017 Accounting Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2017 Accounting Objective / Multiple Choice
Question 35 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's cash book shows a balance of ₦150,000. The bank statement shows a balance of ₦120,000. The difference is due to a bank overdraft of ₦30,000. What is the correct balance in the cash book?

Answer Options

A. ₦180,000
Correct Answer B. ₦160,000
C. ₦140,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦160,000

About This Question

This is Post Utme Coal City University 2017 Accounting Question 35. It is one of the objective questions from the 2017 Post Utme Coal City University Accounting examination.

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