Post Utme Crawford University 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's cash book shows a balance of ₦50,000. The bank statement shows a balance of ₦60,000. The company's cash book also shows a debit balance of ₦5,000 in the bank column. What is the correct balance in the cash book?

Answer Options

A. ₦55,000
B. ₦55,500
Correct Answer C. ₦56,000
D. ₦56,500
Correct Answer
C
Correct Option:
₦56,000

About This Question

This is Post Utme Crawford University 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Crawford University Accounting examination.

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