Post Utme Covenant University 2019 Accounting Question 6
Practice objective / multiple choice question 6 from the 2019 Post Utme Covenant University Accounting examination.
A company has a cash book balance of ₦120,000 and a bank statement balance of ₦150,000. The bank statement shows a credit balance of ₦10,000 for an outstanding cheque. The cash book shows a debit balance of ₦5,000 for an uncleared cheque. What is the correct balance of the company's cash account?
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About This Question
This is Post Utme Covenant University 2019 Accounting Question 6. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.
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