Post Utme Coal City University 2023 Accounting Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2023 Accounting Objective / Multiple Choice
Question 18 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has a cash book balance of ₦300,000. The bank statement shows a balance of ₦320,000. The difference is due to a bank overdraft of ₦20,000. Calculate the cash book balance after reconciliation.

Answer Options

A. ₦300,000
Correct Answer B. ₦320,000
C. ₦340,000
D. ₦360,000
Correct Answer
B
Correct Option:
₦320,000

About This Question

This is Post Utme Coal City University 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Coal City University Accounting examination.

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