Post Utme Coal City University 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has a cash book that shows a balance of ₦500,000. The company's bank statement shows a balance of ₦600,000. The company's cash book has a debit balance of ₦50,000 and a credit balance of ₦100,000. What is the correct balance of the company's cash book?

Answer Options

Correct Answer A. ₦450,000
B. ₦500,000
C. ₦550,000
D. ₦600,000
Correct Answer
A
Correct Option:
₦450,000

About This Question

This is Post Utme Coal City University 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Coal City University Accounting examination.

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